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Education is an engine of social mobility and economic growth. In his book, Higher
Education in America, Derek Bok explains how education improves the state of the economy.
Moreover, recent research carried out by IIASA (International Institute for Applied System
Analysis) shows that improvements in economic development can be attributed to the increasing
education levels. There is a need to increase the number of students in every university.
However, the increase in the number of students should not affect the quality of education. The
best way to achieve the increase is through the online classes. It is an effective learning method.
considerable large amount of money on teaching space. Moreover, students have continually
complained about shortages in parking spaces. The demand for the parking space is higher than
the supply, thereby increasing the parking price. To solve all these problems, the university will
embrace online classes. Online classes will reduce the number of students physically in the
university. The university will cut on the cost it has to pay for teaching space. Students do not
have to pay high parking spaces. Online classes will benefit students, as well as, university
management.
The cost of maintaining the university has increased. The government is stressing
increasing the number of students with an aim of improving the human capital. In his book, The
General Theory of Employment, John Maynard Keynes argued that through education a country
acquires human capital. Human capital is the education experience and skills an employee has
that can be used to improve the general economy. It has become expensive to run a university,
and, with people resisting the rise in tax, there is nothing much the government can do. It is up to
the university management to enroll many students and prepare them for the job market. Online
classes will cut the cost of maintaining university. A cost- benefit analysis carried out by a team
of experts shows that the university will reduce cost at the same time increase benefits. It will
reduce the number of employees because one lecturer can teach a large number of students at the
same time. Therefore, online classes will help the university to use limited resources to
Online education is efficient. A survey carried out by the ministry of education showed
that online students outperformed classroom students. Online learning allows students to review
course materials since they can easily access them. It is a student- centered approach where
students can get a personalized attention. In addition, it is flexible allowing students to attend
classes when it is convenient. The students will greatly benefit from this system. They will
maximize utility because this method provides good results. Moreover, the system is flexible
As the president of the university, I have decided to convert most of the university
undergraduate teaching to online courses. It will benefit the students, lecturers and university. It
will not compromise the quality of education offered instead; it improves the quality by giving
students personalized attention. The university will cut on cost and at the same time enroll more
students, thereby increasing its revenue. With the rise in demand for education, online classes are