It concluded that there is currently an unmet demand for high-quality, low-cost degrees like Georgia TechвЂ™s. Those who did (under 20В percent) typically chose online programs at lower-ranked institutions such as DeVry University or Arizona State University, the report said. However, students rejected from the online program were much less likely to enroll elsewhere. Using surveys and National Student Clearinghouse data, the report found that about half of the students who were rejected from the in-person program ended up in similar programs at prestigious institutions such as Carnegie Mellon University or the University of Southern California. Students admitted to the online program typically had slightly lower academic credentials than those admitted to the in-person program, but they performed slightly better in their identical and blind-marked final assessments - a finding the study hailed as вЂњthe first rigorous evidence that we know of showing that an online degree program can increase educational attainment.вЂќ Of the 18,000 students who applied to the in-person and online degrees, less than 0.2В percent applied to both, the report said. But the profile of people applying online is so different, thereвЂ™s virtually no overlap.вЂќДЄnalyzing the first six cohorts of the online program, from spring 2014 to fall 2016, the report found that the typical applicant to the online program was a 34-year-old midcareer American, while the typical applicant to the in-person degree was a 24-year-old recent graduate from India. вЂњThey thought that Georgia Tech was going to cannibalize its own revenue stream. вЂњPeople thought they were crazy,вЂќ said Goodman.

Joshua Goodman, associate professor of public policy at Harvard University, co-wrote the report, which says Georgia Tech widened access to education by appealing to a group of people who would not otherwise have pursued masterвЂ™s degrees. Though the institution didnвЂ™t hit its ambitious target of enrolling 10,000 students within three years, enrollment has grown from 380 students in spring 2014 to 6,365 this spring - making it the largest master's degree program in computer science in the U.S., and likely the world. Could an online degree really match the quality of a degree taught on campus? Would the institution cannibalize its in-person degree applicants? Would the program make any money?ДЄn analysis of Georgia TechвЂ™s pioneering online masterвЂ™s in computer science - written by two researchers at Harvard and one from Georgia Tech and published in Education Next, a journal focused on school reform - suggests that the gamble paid off. The tuition was $6,630 - about a sixth of the cost of an on-campus degree. Working with the massive open online course provider Udacity, and armed with a $2В million corporate investment from AT&T, Georgia Tech launched its online master of science in computer science in spring 2014. Five years ago the Georgia Institute of Technology began a bold experiment - to take a high-profile graduate program, put it online and offer it to students at a fraction of the cost of the in-person degree.

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