Wookie
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You have to wonder what proportion of the other 80% would have even signed up for the whole nine yards course.
This seems to be more of a problem with the training agencies than the students or the instructors.
The way it works is that the student signs up for the online course, and pick the dive shop that they will complete the course with. When they finish the classroom portion, the chosen dive shop (which may be here in the keys or in another country) gets a certification of satisfactory completion and a check for $65, more or less, depending on the class. When the student shows up, he or she is charged for gear rental, pool time, and OW checkouts.
What the shop told me was that they get checks for $65, but 80% of the time, they never hear from the student again. So, the student has plunked down $146, taken the course, and disappeared off the face of the earth. NO ONE EVER LAID EYES ON THAT STUDENT. They don't hate their LDS because they don't know what one is. They don't think they have a lousy instructor because they never met him. They never got the opportunity to sleep with their instructor. Insert your favorite cliche here, no one knows who they are.
And we wonder about our marketing efforts? We're not even picking the low hanging fruit anymore.