>> we begin with online education. whether you're on your computer or taking classes off site from traditional universities, millions of people now have instant access to world class instruction. much of it free of charge. does online learning complement classroom lessons, or could it replace it as part of an education revolution? that's our cover story. from learning the abcs to earning a masters degree, the internet can be an option for self-driven students looking for an education outside the classroom. more than 35 million people have enrolled in online courses in just the last four years. top universities, including harvard and m.i.t. and oxford after free online classes mean as massive open online courses, but completion rates are low, often around 10%. other online classes are available at a cost but are more formalized offering credits towards certificates, new workplace skills or earning a degree for a fraction of the price. georgia tech now offers an online masters in computer science for just $7,000. the online program caters to less traditional students. 90% are employed and on average are 11 years older than on-campus students. syracuse and johns hopkins have degrees online for the same price as on campus though the internet options are more flexible and can also be less costly since students can work remotely after hours while keeping their job. still, 71% of academic leaders polled question the legitimacy of online learning and employers may not view internet credentials the same way as those earned on campus. khan academy is a small nonprofit with a big mission, to provide a free world class education for anywhere anywhere and it's a leader and pioneer in online education and sal khan is founder and executive director. he joins us now. sal, thanks for being here. >> great to be here. >> how did you start khan academy? >> well, it was a little bit happenstance. 12 years ago i started tutoring a cousin remotely. things started to work out. word gets around the family that free tutoring is going on and i soon find myself tutoring 10, 15 cousins every day when i get home from work. my day job, i was an analyst at a hedge fund and i started making software and videos for my cousin and putting them out there online and on youtube and other places. 33 and it soon became clear that people who weren't my cousins were watching. go a couple years into that. 50,000, 100,000 people using it every month. by 2009 i set it up as a not-for-profit and i quit my job. hopefully someone sees a social return on investment here and by 2010 we got our first major support from the gates foundation and google and others. how is your mission evolving? >> now we're much deeper and much more comprehensive. there's classrooms using us as their primary learning resource and not just in math, in science, in the humanities and history. we're now the official test prep for the s.a.t. >> you're currently supporting the schools and the way you just mentioned but in the future would khan academy or khan schools be a stand-alone thing. would you be offering diplomas some day? >> we want to create a world that if you don't have access to a school, maybe you're a adult learner or in a part of the world that there aren't schools, that you can access khan academy through a low cost of educating yourself and then some type of way to prove what you know and that opens doors to whether it's higher education or a job, and i -- and that's still -- it's still early days. that's part of the vision, but we see ourselves partnering with industry and higher education and folks like the college board to figure out how you get that proof, but our ideal is that you do have access to a classroom and there we really want to supercharge it and give more personalization and tools for teachers. >> this was created on desktop. how has the shift to mobile impacted you, and what are your plans for it? >> if we really want to reach folks in the developing world, where they don't have desktops and cell phones definitely have a lot more reach, so it's important for our mission and also even in the u.s. where a lot of students are. >> what further techniques based on your experience do you think should be adapted to public schools? >> when we did free mass public education we had to make a trade-off, the only economical way to do that is to let everyone or teach everyone at the same pace and what happens is we all learn at different paces and we end up accumulating gaps and eventually hitting walls in algebra or calculus or whatever and the opportunity now is we can use tools like khan academy to allow for personalization and differentiation so even if i'm a teacher with 30 students or 25 students, i can cater to the individual needs of those students so that's the biggest change and we're already seeing that in a lot of classrooms, and i would also want to move for what we call a mastery or competency-based world. where now your higher education is based on credit hours, based on how much seat time you're in a chair. and it should be based on, can you show your mastery or coffer tenancy of the subject either by taking an assessment or creating a portfolio of work. >> that's exactly in trying to learn statistics at my age, that's how i came across khan academy recently. you guys do a tremendous amount of work for people of all ages. sal, thank you for joining us. >> thank you. >> sal khan. now here's a look at what's making news as we head into a new week "on the money." stocks are going on a record run and having a big old party. the dow closed at a new high on thursday, the 13th time just since the election and what some are calling the trump rally. the market climbing in part on hopes of greater economic growth and less regulation of of businesses. the s&p 500 and nasdaq followed suit, setting records as well. stocks continued to climb on friday. and americans driving more than ever. motorists revved up 2.9% more miles in september than the month before. a record-setting pace according to the department of transportation. the reason, low gas prices and an improving economy. and amazon may soon be making a big push into brick and mortar stores with what it says is a new way to shop for groceries, amazon go. there are no checkout lines, just sensors that know what you've taken off the shelves which automatically bills your amazon go app. one store is in the test space already in seattle. up next, we're "on the money." if you're thinking about buying a home and getting cold feet from rising rates, have no fear. we'll get you up with a home guys buy and keeping more income from the tax man and first a look at how the stock market ended the week. you get used to sweaty odors in your car, you think it smells fine but your passengers smell this... eliminate odors you've gone noseblind to for up to 30 days with the febreze car vent clip break out the febreze, and [inhale/exhale mnemonic] breathe happy. . most first-time home buyers are nervous enough as it is. and now that mortgage rates have hit a two-year high, that stress level can ratchet up even more. one way to fight that is being a smart shopper. diana olick takes a look at strategies and pitfalls for potential buyers. >> reporter: tyler and marisa mullin waited three years and decided to take the plunge into homeownership. >> we're at that stage in our life and in our marriage that the next step would be to purchase a home. >> but the mullins were facing rising home prices and a tight market in the nation's capital with very few listing. that meant making a plan and acting fast. >> we saw a place maybe on a wednesday and we could schedule to go see it on saturday and by saturday morning we would get a phone call, well, it was already under contract. >> reporter: first step, look online at listings in neighborhoods and get a general idea of what you want. >> hey, there. >> reporter: even though you don't need one, most first time buyers will benefit from a real estate agent and remember, commissions can vary widely and be negotiable. >> the internet age is huge. getting all that information is great and doing your homework, especially researching neighborhoods. i always tell people, you know, old school thinking is the agent going to find that house for you? yes, that's part of what we do. getting you to closing and through the process is where an agent is going to really be helpful. >> jennifer burt starts out by helping her clients narrow their wish list and understand exactly what their buying power is. >> think about what your dream home would be within your price point, of course, but, yeah, do a list of your pros and your cons. definitely what your deal-breakers will be. >> reporter: and then she helps get them pre-approved for a mortgage. you can't lock in a rate until you sign a contract on a home, but at least the lender will be ready to go when you do, and you'll have a general idea of what your monthly payment could be. finally -- >> know exactly what you want and be ready to move, quickly. that was the key for us, i think. when we found this place, it was exactly the type of property that we wanted, the right location so we said let's get an offer in. >> reporter: with both interest rates and home prices raising, cash can also help had. the more you have to put down the better rate you'll get and the better candidate you might be to the seller. with competition so high and bidding wars all too common it's also important not to get too emotional and overstretch. there's always more than one perfect home. kelly? >> diana, if you do get into a bidding war any strategies people should use? >> well, i know this is going to sound dorky, but you could write a letter to the seller, selling a home is just as emotional as buying a home and a lot of sellers want to know who is going to be in the home after them, who's going to take care of it. it helps if you have little kids and how great they're going to look in the yard. i did that once and it totally worked. >> never thought about it. all right. the personal touch. diana, thank you so much. our diana olick. this time of year you're also probably thinking about paying for gifts and not necessarily paying your taxes, but there are some things you can and should do now to maximize your cash and minimize your tax burden for 2016. mark steber is chief tax officer of jackson hewitt tax service. thanks for being here. is it too late to make smart moves? >> three weeks to go. several things you can do up to the last minute? there's plenty of things you can do. >> such as? >> this year being a higher tax year go to conventional wisdom, push your income to next year and accelerate deductions and common deductions people have heard is make that charitable donation by december 31st. if you've got children in higher education, consider some of those education expenses and pull those credits into the current year. if you've got some loss stocks, might be a good year to unload those and put those losses into this year. so anything you can do to accelerate deductions always good this year. >> would that backfire if the tax rates don't change next year? >> well, it wouldn't necessarily backfire but you would have perhaps not taken the best advantage. only would backfire if tax rates will go up and we've not heard about any of that if we heard the pundits. >> and you heard about donating to charity. >> selling of loss stocks. you're holding on to those, hoping it will turn around, sell those, move those into this year. if you've got gains, push those to next year. that's the other side. pull deductions into this year, push income into next year. so if you can control that bonus perhaps, move that to next year for self-employed people, might bill right after the first of the year. if you're thinking about converting your i.r.a. to roth, hold off until next year because the rates might be lower. >> let me take this one at a time. people should defer as much their income as they can to next year? >> if you believe the rates are going down under the president-elect plan, that would be an absolute great strategy. >> and what impact would it have on the retirement accounts? >> i.r.a. and roth conversion, pull all the income now and not taxable when you withdraw. rates could be lower and if rates are lower next year do a transaction next year and pay at the lower rate. >> and we're already hearing tax refunds might be delayed next year. why is that? >> there was a new law change that says for anyone who gets an earned income tax credit or additional tax credit, the government will hold those refunds until february 15th this year. so for taxpayers who think they want to file early and get the tax refunds early, see if you're impacted. earned income tax payers, 20 million or 30 million folks of the early filers, won't get their refund as early as the past due to the refund protection measures that the irs is putting in. >> it will affect planning for a lot of them. mark, thank you for joining us. >> thanks, kelly. >> mark steber. time is running out to pick up the perfect gift, and if you don't know where to start we'll give you the perfect ideas and time to pop open the bubbly. the best wine pikes for every budget this holiday season. i stole the other team's mascot for good luck. we need to wash this room. wash it? 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'tis the season of giving gifts but finding the perfect one can sometimes be a headache. joining us now is lauren lyons cole, the money editor for "consumer reports" magazine which tests thousands of products every year, and today we have some of their top-rated products that can make great gifts. welcome to you. >> thanks, kelly. >> let's start with a couple of stocking stuffer ideas. what do you recommend in. >> when it comes to stocky stuff, get the most value for your dollar so the first one we i have is a creamer. super easy to use and clean and it's the price of one fresh juice. you know, give the gift of fresh juice year round. we've got the side health bar jams, expert taste testers found had real fruit flavors and simple ingredient. only $6. a great twist on the typical hostess gift. >> yum. >> and my favorite, i received this as a give this year. the microplane premium classic. >> which you brought with you. >> i get so much use out of this. >> willing to spend more, what are some ideas that you've brought? >> really excited about this one, too. the "consumer reports" testers found this telephoto photo jojo lens which is only $20 will increase the sharpness of your photos so, you know, everyone is taking photos on their phones these days and i think this is a gift that's going to look a lot more expensive than it actually is. >> and what else in that kind of category if you want to spend a little more? >> we've got the sport clip 3 ear buds. only $30 but they tested as having very good sound quality which is hard to find at this price point and great for the music lover in your life. >> what if the budget is higher around the $50 mark. >> the cuisinart power mixer advantage did really well in our lab and performs just as well as products that are twice as expensive. or for the cord cutter in your life the roku streaming stick rated excellent for picture quality as well as the features, you know, so it's really packed with a lot. almost as much as a full roku box and it's tiny. >> some are tongue twisters, too. >> they are. >> for about $100, what can you get for holidays? >> these are the merge vr go golgs. they're only $80, actually. >> wow. >> and these will work with any smartphone. this is is gift that i would. a cold brewer, only $80. it's the fastest rated cold brewing system from our "consumer reports" labs, and it also has a permanent filter so it's easy for cleanup. there's also the quincy art classic knife set and that's also $80 but it comes with 15 different nice. i mean, that's like about 5 bucks per night. can't find that. >> budget busters. there's got to be something out there if you think i'm ready to spend whatever it takes, what's the hot item? >> the, is o sonos play 5 is amazing for getting sound throughout your entire home. if you want to spend $500, that's a very cool gift. >> did i see a roomba on there? >> seems like an expensive investment, $700 but the roomba vacuum performs excellent. hardwood floors, across the board, animal at home could be a priceless gift this holiday season. >> thanks for bringing us the ideas. >> thanks for having me. >> up next, "on the money," a look for the news the week ahead and bottom's up. need a great wine to bring to your holiday party? your best bets whether you're sticking to a budget or ready to splurge. per roll bounty is more absorbent, so the roll can last 50% longer than the leading ordinary brand. so you get more "life" per roll. bounty, the quicker picker upper here are the stories coming up that may impact your money this week. happy birthday to former fed chair ben bernanke. he turns 63 on tuesday. and did black friday help the retailers this year? we'll find out with the november sales numbers released on wednesday. and after a two-day meeting fed chair janet yellin will make an announcement on interest rates. it's widely expected the fed will raise them. come thursday president-elect donald trump will outline his plan to distance himself from his businesses, and on friday the first ever stand-alone "star wars" movie "rogue one" makes its debut. to help us get in the holiday spirit some of us like to enjoy a nice glass of wine with our holiday meal and with so many choices it's hard to know which ones are worth the price. joining us now to give us great picks for every budget is ray is le, the wine editor for food and wine magazine. thanks for joining us. >> thanks have fog me. >> what should we consider? >> i like prosecco. this one is 15 bucks a bottle, a wonderful wine. >> thank you. >> it's from italy. >> let's give it a try. >> it still has had a nice acidity. >> it's bubbly. it's great. >> morning of an afternoon or evening champagne. prosecco. >> we think that's a great recommendation. if you're the guest, what about bringing a gift to the hostess. >> wine is a great hostess gift i mean because for one thing the person can use it for whatever party they have next and wine also doesn't -- it will keep forever. they can drink in six minutes if they feel like it. i love this kim crawford holiday a new zealand sauvignon blanc. >> the strong grapefruity type flavor to it. >> classic, classic new zealand sauvignon blanc, and for red to move up a little bit. >> sure. >> and give what might be a little bit of a splurge, not a huge splurge. this is a cool kind of start-up wine. >> banchi, start-up company out of sonoma, really clever. it's a mordecai, red plan, siraz and zinfandel. >> red blends are the craft beers of wine. >> very popular. i like this one. it's about 25 bucks. a little more depth and complexity than the standard red blend. >> now, i'm looking at a very large bottle down there and i'm guessing that if you're in the mood to splurge, you've brought us something that's fun. >> i think it's really fun to bring a big bottle to a party. >> with a big red bow on it? >> with a bow on it. it's not like the jug wine off the bottom shelf, but a big bottle of something really great. it's a real statement. so this is monsanto first vineyard classico from back in the '60s. it's a classic red. in this bottle, it's 65 bucks. and in this two magnum, it's 125. >> i'll taste this carefully. >> beautiful sort of almost like a cherry kind of note to it. >> tart almost. >> tart, and you think about that with like a t-bone fiorentina. >> my usual meal. >> holidays there are a lot of tenderloin roasts and things like that and put that on the table, end of the year, we're celebrating and we're kind of doing something that is all out. >> thank you so much for joining us. really appreciate you bringing us all these wines to sample. >> thanks for having me. >> and that's the show for today. i'm kelly evans in for becky. thank you so much for joining us. next week, helping old dogs find a new home. adopting senior dogs. each week keep it right here. we are on-the-money. have a great one, and we'll see you next weekend. hey, there, we're live at the nasdaq markets. the guys are getting ready for the show. while they're doing that, here's what's coming up. >> stocks going to pluto, man. >> that's what people are saying about shares of goldman sachs, but there's something in the charts that suggest now might be the time to sell. we'll explain pch. plus, one stock is about to join the trump rally and here's a mihint. we'll break it down. and a number of stocks are at 52-week highs. and guess what, they could be going higher. high enough to get you rich. we'll give you the names. the action begins right now.