Dive Brief:

• The University of Florida is starting a fully online bachelor’s degree program in January.
• The goal is to provide a lower-cost education while relieving crowding at the university.
• In a decade, the school expects to have 24,000 online students in 35 majors, bringing in $77 million in revenue and $15 million in profit.

Dive Insight:

In-state students will pay 75% or less of the going rate for on-campus resident tuition. Out-of-state students will pay market rate, which university officials have pegged at $400 to $500 per credit hour.