07-23-2024, 04:55 PM
(07-23-2024, 02:42 PM)cacoleman1983 Wrote: Very interesting! The fact that this program has an institute that is state approved/authorized operating under the umbrella of a DEAC nationally accredited school practically gives the same setup structure as ENEB being accredited by Universidad Isabel I. I can see more US schools following this type of model in the future to offer propio style degrees with this cost structure because this is basically what this is.The difference is that Elmwood is currently part of Patton University--like Wharton business school is currently part of UPenn. So it's not the same relationship as eneb has to universidad isabela dos.
I've already completed the ASU free graduate certificate and have completed 6 out of 13 courses for the MBA from ENEB. This would be a great program to knock out with a 50% transfer of credit.
Elmwood plans to become independent only after qualifying for its own deac accreditation. ENEB doesn't have its own accreditation and I haven't seen any posts on here that it is seeking it.
Even knowing nothing about the program, that alone leads me to put more value on Elmwood than ENEB. The fact that Elmwood limits students to taking 3 or 4 classes every 4 months makes me hopeful that students would actually have to put significant work in, as well.
I and since the overarching plan is for Elmwood to focus on providing business education to students in africa, I don't expect them to continue offering degrees to US residents in the long term--at least not at this price. I think the price is to attract an initial cohort or two while they get established and to build a track record. I am guessing they are intentionally losing money on this, just like many businesses intentionally lose money when they first start up.
Maybe once they shift to Africa the price will remain in the $25 per credit ballpark for African students. But even that would surprise me. University education in Africa may generally be cheaper than in the united states, but none of the universities I have looked at there have been *that* cheap.