COVID 19 has a severe impact in every sphere of life, and education is not an exception to this. Hence, the education sector in developing countries like Bangladesh needs a quick transformation from traditional to technology-based distance learning. The factors influencing online education adoption are explained in this research with a Structural Equation Model (SEM). A survey of 405 students from the universities across Bangladesh revealed that faculty readiness, student readiness, and economic solvency positively impact the students' intention to adopt a technology-based design of higher education. Simultaneously, the online assessment system is a challenge for the students having a negative effect on their intention to adopt technology-based learning. Again, students' intention to adopt technology is substantial in explaining the adoption of online classes by them. The study suggests combining the classroom model with the e-learning model to create a cohesive learning system in the long run. Thus, the model proposed in this research has a crucial implication, which recommends the policymakers to consider it to design a new form of technology-based education in Bangladesh.
