(09-13-2022, 11:19 AM)Harry101 Wrote:(09-13-2022, 10:57 AM)cerich67 Wrote:(09-13-2022, 10:20 AM)Harry101 Wrote: Hm, lets try it like this. Can you explain to me how does a degree that costs around 65k-70k $ in the US . Get's sold by an Indian education company for 12k $ ?
Literally all the US univ is doing is printing a degree. For that they are taking a sum that is profitable for them of the cash. Upgrad is taking some % and paying their "adjuncts" and delivering the course using wage arbitrage from India where the labour for the IT side, program development side and instructor side is around 10% of the states. So, a 65-70k degree if it costs 60k to deliver in states costs 6k in India. Charge 12-20K for the class and the margin and net dollars are actually better for everyone except the workers than normal US classes.
If Upgrad is doing enough to satisfy the partners accrediation bodies in the long run, we shall see.
Meanwhile, if so inclined, there is a window for people to get a degree at a great discount from recognized schools. If I wasn't not inclined to be doing a DBA for the next 3 yrs versus the 2 or hopefully 18 months at South college, I would be starting this program instead of south college's DBA in Oct.
But gonna roll the dice I can accellerate thru the SC DBA
Adjutant staff means they have to hold a license by the government for teaching in higher education, do you have a link where upgrad is listed in India for it?
I have no idea what regulations there are in India for adjuncts, and you may have missed that i put adjuncts in " ".
Not sure why throwing a challenge at me, because the economics of the business strategy are obvious
(09-13-2022, 11:43 AM)ss20ts Wrote:(09-13-2022, 10:20 AM)Harry101 Wrote: Hm, lets try it like this. Can you explain to me how does a degree that costs around 65k-70k $ in the US . Get's sold by an Indian education company for 12k $ ?
I'd love to know why they're giving the degree away in other countries but won't give the same price to students in their home country. The difference in pricing shows how over inflated their tuition is. I would really consider GGU for my DBA but not for $60+K. Not when there are so many schools that have a DBA for half price or less.
Because GGU isn't teaching the program, nor supplying faculty. Their cost basis is limited to the admin of printing degree, getting in alumni database and a GGU email etc. Housekeeping stuff.
They don't allow US nationals living in the states to take because it will hurt their market. They consider the market that Upgrad is reaching as a distinctly different channel and want it to remain that way.
Over inflated? It's all labour, US labour is MUCH more, India labour is MUCH less
Certificate for the Study of Capitalism at University of Arkansas finished July 2022
MBA with Hellenic American University started March 29th, 2021 , finished May 20th 2022, Graduated in June 2022
BSBA at Thomas Edison State University started May 21st 2020 with Sophia and SDC, finished Jan 24th, 2021, Graduated on 12 March of 2021
Total time to complete both degrees 2 years exactly, total cost just a small bit over $10,000
Thanks Degreeforum!