Georgia Institute of Technology announced on July 23 that it is offering a new master’s degree in computer science for only $6,600. The program will be delivered online through a series of MOOCs. This online degree will be the first accredited master’s program offered through a partnership with Udacity, a major provider of Massively Open Online Courses (MOOCs).
[Kaplan University offers online degrees in information technology.]
The regular tuition at Georgia Tech for this master’s program is $21,000 for in-state students, and $45,000 for out-of-state students. Georgia Tech anticipates that about two-thirds of the students for the program will come from outside the United States, and will market the program to students in India and the Middle East. The tuition rates are subsidized by a $2 million grant from AT&T, which has reserved nearly half of the 300 seats in the first class for its employees. Scott S. Smith, the senior vice president for human resources at AT&T, believes that the company can “harness the power of MOOCs” to help create a highly-skilled work force. AT&T’s $2 million investment works out to about $13 to $14 thousand per reserved seat, so even if the company also covers the tuition costs for their employees, AT&T will be getting about 150 enrollees from anywhere in the world at about $20,000 for each student, less than the regular in-state tuition, for a master’s in computer science at a premier school.