"Microcredential" Programs Pick Up Steam

Nov 7, 2017, 3:30 PM

(from EdSurge) Thinking more like businesses all the time, growing numbers of higher-education programs are offering short-form certificate and graduate programs online that cover less material than their traditional counterparts — but also cost a fraction of the price. While proponents characterize the new offerings as affordable boons to workers and students in a fast-changing economy, they also represent new revenue sources for the at least 24 colleges and universities offering them. MIT has been a pioneer of the online programs, having launched its $1,000 "micromasters" degree in supply chain management in 2015. There's no admissions process, but if the students do well enough to also gain admission to MIT's in-person master's degree, the online credits transfer over.

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