Cross-Price Elasticity of Demand VIII
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Gas Prices Drive Students to Online Courses
For Christy LaBadie, a sophomore at Northampton Community College, the 30-minute drive from her home to the Bethlehem, Pa., campus has become a financial hardship now that gasoline prices have soared to more than $4 a gallon. So this semester she decided to take an online course to save herself the trip—and the money....
Many institutions say their online summer enrollments have jumped significantly, compared with last summer's, and that fuel prices are a key factor in the increase. The Tennessee Board of Regents, for instance, reports that summer enrollment in online courses is up 29 percent this summer over last year.