The national US student loan debt currently stands at around 1.2 trillion dollars and the cost of a college degree continues to rise. Online learning may be a way to keep down those costs.
36% of Americans have embarked on an online learning course, the number driven primarily by millennials at 46% but more than a quarter of the over 55s (28%) have also participated in some form of online learning. 35% of all Americans would consider taking an online course in the next 12 months.
Of those adult Americans who have taken an online learning course more than half (57%) have taken single classes outside of a full program but 40% have taken a full program leading to accreditation. 20% have taken a full online program leading to a degree or post-graduate degree.
For all Americans, the highest awareness is for University of Phoenix (65%) and DeVry University (58%). ITunes U is known by 9% of Americans but the number is driven mainly by millennials at 14%, compared to only 4% of those over 55.
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