I study online at the OU.
Positives:
-I can study in my own time. Aside from the (very few, optional) online tutorials, there are no set classes, no set study times, so it fits well into my day to day life juggling both a family and study.
-There is no commute. So no getting up early to be in class, no struggling to find a parking space, no petrol costs, no stress.
-I am a very independent student, I like to just be left alone to research things and crack on with it, and this suits me perfectly.
Cons
-No real sense of being a part of something. When I was at a brick uni, I felt as though I belonged to something - I was physically going to a place I belonged in, but at home I feel more of a disconnect from the uni as a whole. Even the tutorials (which, as I say are very infrequent and totally optional) feel more like webinars as students don't use cameras and rarely use mics.
-Limited socialisation. We have a WhatsApp group for those of us on the same module, but that's about it. For some people that can be very isolating, but like I said I'm pretty independent.
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So that's my take on the OU. The positives outweigh the negatives.
I'm going to be starting an online Masters in September with the University of Edinburgh. Unlike the OU, this one has more online classes at set times which will involve having cameras and mics on and taking part in more interactively, so we'll see how that goes.