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Tell me, whats the difference between a quarter system and a semester system?

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Tell me, whats the difference between a quarter system and a semester system?

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The quarter system divides the academic year into four, 10-week periods. The semester system divides the year into fall and spring semesters, each 15 weeks long plus exam time. There is also a summer session with 10 weeks of instruction plus exam time. Under a semester academic calendar, fall semester will begin in late August and end in mid-December. Spring semester will begin in early January and end in May. Summer session will begin in late May and end in early August. The first summer session, starting in July 2011, will be a special five-week quarter session to launch the new semester academic calendar, which will begin in August 2011.

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