High college costs changing education industryAs the cost of attending a university continues to skyrocket, more and more colleges are trying to make their courses convenient and affordable for those who seek a higher education.

According to U.S. News and World Report,in 2010, the average college student graduated with $24,962 in loans, and student debt across the country grew to more than $1 trillion.

"The high and growing cost of university education cannot be sustained, particularly in the light of the growing global demand for such education," said Donald Barnes, a visiting professor at China's Guangxi University, according to the source. "Therefore, there is already a rush to utilize the new medium of the internet as a means of delivering higher education experience and products in more economical and efficient modes."

Some universities are attempting to make their courses more accessible to those who cannot afford to come to class on campus. Stanford University and the Massachusetts Institute of Technology offer some free, not-for-credit online courses, and this appears to be part of a growing trend.

With the advent of free online courses, students are no longer paying thousands for classes, and universities are finding that online courses lessen the need for professors. Most tests and quizzes can be graded by a computer, and since students taking these courses are often rarely or never on campus, they usually do not need to meet with instructors. These free courses result in cost savings for both schools and students.
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