By DOUGLAS BELKIN, WSJ
In the past three weeks, Georgia Tech received nearly twice as many applications for a new low-cost online master’s program as its comparable residential program receives in a year. The degree—which uses Massive Open Online Course technology—is the first of its kind, and its popularity suggests a growing demand for online learning. The Georgia Tech program is the first master’s degree from a top-ranked university based on the technology that drives MOOCs. The only difference is it is not “open,” or free, as a MOOC is traditionally defined. Students have applied from 50 states and 80 foreign countries, according to the school. To graduate, they will never have to step foot on campus and will pay about $6,600, compared with about $44,000 for residential students.