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THE TRUTH
ABOUT THE COST OF TUITION
Distance
education is almost always less expensive than comparable
quality on-campus education. This is primarily because of
the high cost of maintaining traditional campus facilities
and faculty. Conversely,
because distance education schools are not burdened with
maintaining traditional facilities, the level of tuition
and fees can be reduced accordingly. This brings the cost
of continuing education within the reach of most adult
learners.
Nevertheless,
quality distance education cannot be delivered to students
unless tuition and fees are sufficiently high enough to
support the cost of maintaining acceptable standards and
practices. For example, if the combined
salaries of just two administrators were $65,000 per year, and
the average tuition (per student) totaled $3,250, it would
take twenty (20) students paying the full amount just to
cover the annual salary of these two administrators.
Using the
above example, consider the additional cost of providing
quality distance education involving dozens of staff,
faculty, administrators, the cost of facilities,
materials, advertising, record keeping, program
development, personnel benefits, and related expenses.
Now, ask yourself how it is possible to provide a credible
education by charging ridiculously low tuition.
Usually, when
a school advertises surprisingly low tuition (such as $35
to $55 per credit for master's level programs), it is
reasonable to assume that someone is being
short-changed...probably you.
That's
why those individuals who select a program based on the
lowest price and the easiest program will get just
that...an easy and cheap degree that they will later come
to realize was neither a bargain nor a benefit!
Of course, we
realize that the average person must be willing to make
some sacrifices in order to complete a distance education
program such as ours. This is why we have carefully
structured the tuition, fees, and payment options for all
of our programs in order to reduce waste, maximize
resources, and make it possible for just about anyone to
enroll in the degree or certificate program of his or her
choice. We promise that if you enroll at Master's, you will pay a fair price for a credible
distance education program. Consider the Tuition
Rates at other high quality institutions and you will
see for yourself!
Just to help
put things into perspective, consider the following math
trivia. The average cost of eating lunch at a fast
food restaurant is $5.00. If you eat only three
lunches a week for a period of ten years, you will have
spent $7,800.00 and that does not take into account that
over the next ten years the cost of lunch is going to
increase! Figures are based upon current
average prices in the U.S. and will vary in other
countries...but you get the point!
A God-honoring
educational program for ministry is not about "going on
the cheap." This is the most important business on
earth! The souls of men and women hang in the
balance.
God forbid that we should be willing to pay
more for automobiles, furniture, and vacation cruises
than for the study of the Eternal Word of Truth!
What will we value in eternity?
At Master's, you will discover that the route to
earning a credible theological distance education degree
is affordable and fair, and that in the end, you will have
made a reasonable investment of time and money that
will continue to pay unending dividends in this world, and
in the world to come.
"But lay up
for yourselves treasures in heaven, where neither moth nor
rust doth corrupt, and where thieves do not break through
nor steal:" Matthew 6:20
KJV
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