Fact or Fiction – Are Online Degree Programs More Expensive?

Question:

Fact or Fiction – Online degree programs are more expensive than traditional university degrees.

Answer:

FICTION

Really??????????????

Read on, we’ll explain why:

Many people know that additional educational experience has the possibility to increase earning potential and/or aid in the search for a new or better job.  However, many of these same people disregard the online education choice because they are afraid of high tuition costs.  In reality the “high tuition costs” of online education are a myth.  When the numbers are actually crunched the cost of tuition for an online degree may be exactly the same as the cost for a traditional degree.  However, online degrees may end up saving you money because you will live at home instead of incurring living expenses away from home.  Room and board can cost between 10 and 50 thousand for four years of college.

An Online 3-credit hour course will cost between $650 and $900.  That figure is equal to a 3-credit course in a mid-price-range university.  By the time you add in books, fees, and supplies one semester of online education will end up costing between $6,000 and $8,000.  A full Bachelor’s degree will run around $30,000.  That is less than the cost of earning a BS in Business Management from many state universities – especially if you are forced to pay out of state tuition.

It takes a bit of research and some phone calls to find the most accurate information about tuition and other fees – but here are 4 of the best.  Each of these universities and colleges offer a wide variety of courses and degrees and they all allow flexibility by letting you complete individual courses in your own time frame.

4 Lowest Cost Online Schools

• American Sentinel University:  Bachelor degrees from American Sentinel cost between $11,000 and $30,000.  They also boast one of the most cost friendly Nursing programs of any online school.

• Baker College charges only $205.00 per credit.  That means a 120 credit degree will run under $25,000.00.  Baker College has some of the lowest degree costs in the country.

• Lincoln College, and its many affiliates, offers a full Bachelor’s degree for between $40,000 and $50,000.  Associate degrees can be half that cost.

• National American University will also cost around $50,000 for a BS or BA and less than half that cost for an Associate degree.

With tuition costs as low as this there is no reason to disregard online education when considering your next career move.
 
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