Published: November 03, 2008
StraighterLine's $99 Model Offers Affordable Alternative to Rising College Costs
WASHINGTON, Nov. 3 /PRNewswire/ -- StraighterLine
(www.straighterline.com), a new online education solution that provides
students a high quality, better supported, and lower cost way to obtain
college credits through regionally accredited colleges and universities, has
announced that it is a much more affordable alternative for students to enroll
in its curriculum, in light of new figures by the College Board released Oct.
29. The College Board figures show that the average cost for colleges and
universities inthe United States outpace inflation. Compared to those
figures, StraighterLine will cost students less than 10 percent against what
they will pay in rising college prices elsewhere.
The College Board said average tuition and fees for a four-year, private
liberal arts college in the U.S. rose 5.9 percent this year to $25,143. The
increase was about 0.3 percent more than the increase in the Consumer Price
Index, a standard gauge of inflation. At the average four-year state
university in the U.S., average tuition rose 6.4 percent to $6,585 for
in-state students, an increase 0.7 percent higher than the increase in
inflation. For out-of-state students attending state universities, the
average increase was even more -- 5.2 percent to $17,452.
In contrast to these high figures, StraighterLine offers two ways --
enroll in each of its introductory courses for $399 for a six-month period of
online access, or take part a monthly subscription style process. The latter,
known as the "StraighterLine for $99" program, allows students to access all
StraighterLine courses for only $99 per month, with no start-up costs and no
minimum or maximum time limit for course completion. Students can select any
one StraighterLine course at a time. Upon completing a course, students may
begin a new course with no additional costs.
Students who complete a StraighterLine course can choose to receive credit
from one of StraighterLine's six regionally accredited partner colleges.
Student-earned credits may also be transferable to non-partner colleges that
recognize StraighterLine's partner's courses as equivalent programs. The
combined costs of either approach will save students thousands of dollars as
compared the current estimates the College Board provided for both public and
private colleges and universities.
StraighterLine is a division of SMARTHINKING (www.smarthinking.com). The
company was recently listed in BusinessWeek Magazine as a "disruptive
education technology" and has received media coverage from The Chronicle for
Higher Education, eSchoolNews and the Washington Business Journal, among
others.
Additional information on the StraighterLine program can be found at
www.straighterline.com or by calling 202-507-7020 or 1-877-str8erline
(1-877-787-8375).
Media Contact:
Ryal Curtis
MMI Associates, Inc.
(919) 233-6600
ryal@mmimarketing.com
SOURCE StraighterLine
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