Cost-Benefit of E-Learning under ODL of Developing Economies

Abstract

Does it cost less to apply e-learning in open and distance learning (ODL) of developing economies? This paper assessed the cost-benefit of e-learning compared to different approaches to ODL. Cost-benefit analysis is a formal way of adding up the advantages and disadvantages of doing one thing as opposed to doing something else. A range of factors affects the cost-benefit of particular distance learning programme. This includes the number of students enrolled, the size of the curriculum, the number of years over which courses are offered without change, technology apply, the level of student support, working practice, and so on. Cost of essential e-learning equipments such as laptops, Internet modem, and mobile phones are analyzed side by side with the cost of residing in the institutes’ environment, photocopy of materials and the opportunity cost of time during working period for the student. While cost- benefit of correspondence are analyzed side by side with the cost-benefit of providing ICT centers. It is observed that e-learning application on ODL of less developed economies is cost effective in the long run when a sizeable number of students per programme are achieved. However, economic constraints on both the students and the ODL institutions require partial application in the short run. More so, it takes time to adapt students to scarce technology that is not affordable to them. The ODL institutes also require time and resources to up-date e-learning to international standard. Nevertheless, full application of e-learning in developing economies is feasible in the long run with more benefits than cost. In this world of scarce economic resources, e-leaning application in developing economies is inevitable.