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What are the Price Considerations of Online Degrees

With over 600,000 students enrolled in online colleges, online degrees are gaining more and more recognition. And why shouldn’t they? In most instances, those that are earning online degrees are extremely motivated working adults. These working adults are seen as having that extra oomph as they have to efficiently manage their time to keep up with the demands of both work and school and in some cases, a family. When Jack Welch, former CEO of General Electrics, was asked about people who earned online degrees (Business Week, January 14, 2008), he stated, “…they’re hungry to break open new possibilities in their careers…. People working all day and studying online all night have the kind of ‘grr’ most companies could use.” Do you have the “grr?” If so, make sure to ask these questions to make sure the online college is right for you.

Is the online college accredited and if so, by which accrediting agency?
Diploma mills, as defined by Wikipedia, are organizations that award degrees with little to no study and are not recognized by accrediting agencies. Employers or colleagues do not respect degrees from diploma mills so make sure the online colleges you look into are accredited. The ed.gov site is a great resource for a list of accrediting agencies.

If you have college units, can you transfer your units over?
Most accredited online colleges will allow you to transfer any credit you have earned at another college towards an online degree depending on the degree requirements. To make sure, if there is a specific online college you are interested, call a counselor to see if the credits you have earned can be transferred. This can shorten the amount of time it will take you to complete your online degree.

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