From the NYT… On-Line Colleges and Federal Aid…
NYT: Online Colleges Receive a Boost From Congress (March 1, 2006)
Used to be that a school had to be "real", or non-virtual anyway, at least more than half of the time to be eligible for federal student aid. That all changed with the new federal budget. Now accredited, on-line schools can also have access to student aid money.
The article goes on to state the obvious – how this will be a boon to commercial, very much for profit, University of Phoenix type schools. And there is of course the concern about fraud, and fly-by-night programs.
But I wonder… could this also be a boon to charter school districts that may want to develop their own certification and Master's level programs for teachers? Who else in the non-profit arena might "profit" from this new wrinkle? Why must this be a good thing only of the big degree mills?
Just wondering