Online Education Graduate Degree

Statistics from the U.S. Census Bureau reveal that a person who holds a graduate or master’s degree can expect to earn about $55,000 per year. People holding a bachelor’s degree can expect to earn around $46,000 per year. The average benefit for holding a graduate degree can raise a person’s income about $225,000 over a period of 25 years. This rate of return clearly shows that it is a solid investment to pursue a online graduate degree. Online education graduate degrees enable busy adults to attain a higher education while still maintaining employment to earn a living.Requirements to Pursue an Online Education Graduate Degree – To earn a graduate degree online, students need to be well-organized self starters who can manage their time and review course material independently. Online students also need full access to a computer with a 56 kbps modem or better, with Internet service and virus protection. Students attending school online should be able to use email and basic Internet functions to communicate with professors and take online exams. Online education graduate degree programs are delivered in a web-based format that is available 24 hours a day for the convenience of working students seeking success.Validity of Online Education. In the 1994 study of R. Clark, and in the Pew Learning and Technology Study ‘Innovations in Online Learning’ by Carol Twigg in 2001, they concluded that if the online course was designed with the same rigor as one taught in a face-to-face environment, the outcome is likely to be equivalent. Further, the standards for undergraduate education are defined by the Seven Principles developed by Chickering & Gamson (1991). These seven principles were updated to show how to implement these ideals in online education (Chickering & Ehrmann; Graham, et al. 2001). In 2002, the Ohio Learning Task Force issued a report that recommended principles derived from Chickering & Gamson were to be used to design, approve, assess and review all courses, whether in person, or online, or a blend of both. The Seven Principles a) encourage contact between students and faculty; b) encourage active learning; c) encourage cooperation between students; d) give feedback promptly; e) communicates high expectations; f) emphasizes time on task; and g) respects diverse ways of learning and talents. Therefore, online education graduate degrees follow the same criteria as those earned at a physical college campus, so they are equally viable.Cost of Online Education. Getting an online education graduate degree can be more affordable than attending a physical college campus because there are no costs for transportation or housing. In 2004, an online resource site took a sample size of 120 online master’s degree programs and found that the cost for education could range from $2,760 to $110,000 for an accredited degree. However, graduate degree students can explore several options for tuition assistance, including:Tuition Reimbursement. The National Center for Education Statistics found that almost 20 percent of all graduate students receive aid from their employers. Potential online education graduate degree students should consult with the human resources director of their company about tuition reimbursement programs and company scholarships they may qualify for.Labor Unions. Over 60 labor unions, through 38,000 national chapters, offer $4 million dollars in educational financial aid. If a student belongs to a union, the web site at http://www.aflcio.org can offer leads to Union-Sponsored Scholarships and Financial Aid.Financial Aid. There is even state and government financial aid available for certain distance learning programs. The free government aid directory at http://www.ed.gov/programs can help students locate resource centers in their state and offer information about financial assistance to pay for college.Loans. There are government-backed Stafford student loans that typically carry the lowest interest rate. For example, the interest rate for a Stafford education loan in 2003 was only 3.42 percent. Students seeking Stafford loans should consult the free annual publication, the Student Guide to Financial Aid. Private student loans are also offered through finance companies such as KeyBank or Citibank, but they usually charge higher interest rates and require students to pass a credit check.Tax benefits. There are also significant tax benefits available to online education graduate degree program students. Interest on student loans may be tax deductible during the first 60 months of the period to pay them back. Eligibility for this tax benefit can be determined by checking the IRS Publication 970: Tax Credits for Higher Education. Further, under the Lifetime Learning Credit, students may be eligible to deduct up to 20 percent of the first $10,000 of graduate tuition from federal taxes. Also, some or all tuition expenses may be deducted if an employer requires additional education to maintain the student’s current professional status. Students can review IRS Publication 970 for guidelines, or consult with an accountant to see what portion of tuition for college can be deducted from their taxes.When a potential student considers the ease of earning an online education graduate degree, along with the improved financial status as a result of attaining this degree, it is clearly a wise decision to pursue virtual learning.

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Top 10 Digital Trends in The Global Business Solutions Model

From the rise of artificial intelligence (AI) and the internet of things (IoT) to the increasing importance of data privacy and cybersecurity, the trends are transforming the way businesses interact with their customers and operate daily.

Artificial intelligence is revolutionizing the way businesses operate by automating tasks and providing insights and predictions based on data analysis. The internet of things is also playing a significant role in the global business solutions model by connecting devices and systems to the internet,Guest Posting enabling real-time data collection and analysis.

With the increasing importance of data privacy and cybersecurity, businesses must also prioritize protecting their customers’ personal information and securing their systems from cyber threats. These trends are not only changing the way businesses operate internally, but also how they interact with their customers.

10 Digital Trends of Global Business Solutions

Businesses can use AI-powered chatbots to provide instant customer service or use IoT-connected devices to improve the customer experience. As these trends continue to evolve, Global Business Services need to stay up to date to survive in the market.

To delve deeper, check out the top 10 digital trends of the GBS model:

Cloud Computing

Cloud computing refers to the use of cloud-based services to store, process, and access data and applications over the internet, rather than using local servers or personal devices. Cloud computing allows businesses to access and use computing resources on an as-needed basis, eliminating the need to invest in and maintain physical infrastructure. It also allows for greater flexibility, scalability, and accessibility, as users can access cloud-based services from any device with an internet connection.

Artificial Intelligence and Machine Learning

Artificial intelligence (AI) and machine learning (ML) refer to the use of algorithms and data to allow computers to learn and perform tasks without explicit instructions. AI and ML can be used to analyze data, recognize patterns, and make predictions, which can help businesses make more informed decisions and improve processes.

Internet of Things (IoT)

The Internet of Things refers to interconnected physical devices, such as appliances and sensors, through the internet, allowing them to collect and share data and perform tasks automatically. The IoT allows businesses to gather and analyze data from a variety of sources, enabling them to improve efficiency, reduce costs, and make more informed decisions. For example, IoT-enabled devices can be used to track inventory levels, monitor equipment performance, and optimize energy usage.

Big Data and Analytics

Big data refers to the collection, analysis, and interpretation of large datasets to gain insights and make data-driven decisions. Big data analytics involves using tools and techniques to extract value from these datasets, such as identifying trends, predicting outcomes, and optimizing processes. Businesses can use big data and analytics to gain a competitive advantage by making more informed decisions, improving customer experiences, and identifying new opportunities for software development services.

Cybersecurity

Cybersecurity refers to the protection of digital systems and networks from threats such as data breaches, malware, and hacking. As businesses increasingly rely on digital systems and the internet to operate, cybersecurity has become a critical concern. Cybersecurity measures can include data encryption, authentication protocols, and network security protocols to protect against unauthorized access and attacks. Businesses can also implement security awareness training programs to educate employees on how to recognize and prevent cybersecurity threats.

Mobile And Web-Based Applications

Mobile and web-based applications are software programs designed to be used on a range of devices, including smartphones, tablets, and laptops. Apps can provide users with access to information and services, such as messaging, social networking, and e-commerce, and can be customized to meet the specific needs of a business. Mobile and web-based apps can help businesses to improve efficiency, reduce costs, and increase customer satisfaction by providing convenient and easy-to-use access to information and services.

Virtual And Augmented Reality

Virtual reality (VR) and augmented reality (AR) refer to the use of technology to create immersive, computer-generated environments or to enhance the real world with digital elements. VR and AR can be used in a variety of business applications, such as training, product demonstrations, and marketing. For example, VR can be used to provide immersive training simulations, while AR can be used to provide interactive product demonstrations or to enhance in-store experiences.

Social Media and Digital Marketing

Social media refers to online platforms that allow users to share content, such as text, images, and videos, and to connect with others. Digital marketing refers to the use of online channels and tactics, such as search engine optimization (SEO), pay-per-click (PPC) advertising, and email marketing, to reach and engage with customers. Social media and digital marketing can help businesses to build brand awareness, generate leads, and convert sales.

Blockchain

Blockchain is a decentralized digital ledger that allows transactions to be recorded and verified securely and transparently. It uses a distributed network of computers to validate and record transactions, eliminating the need for a central authority. Blockchain can be used in a variety of business applications, such as supply chain management, financial transactions, and contract management.

Collaboration And Productivity Tools

Collaboration and productivity tools are software and platforms that enable remote teams to communicate, collaborate, and manage tasks and projects effectively. These tools can include video conferencing software, project management software, and document collaboration tools. Collaboration and productivity tools can help businesses to improve efficiency and productivity by enabling teams to work together seamlessly, regardless of location.