College graduates earn about $1.2 million more during their working years than people with no education beyond high school.[1] That’s a great deal of money. But going to college can be expensive. And for some, the amount of extra money that could be earned over their careers if they did earn a bachelor’s degree, simply isn’t enticing enough to enroll in college and pay for a degree.
However, with the advent of online college, the cost of earning a bachelor’s degree can be far cheaper than earning one in person, and getting your degree online could be far more appealing too.
We’ll get to the details in a second.
Now, there is a misconception about online college degrees… namely they’re not as “good” as a degree earned in person; and employers look down on people who have earned their degrees online.
Neither of these misconceptions are true. Not by a longshot. In fact, an accredited college or university that offers an online program will give a near identical education to both types of students. The courses are pretty much the same, the classwork is pretty much the same, and the awarded degree at graduation is pretty much the same.
And employers today aren’t so concerned about the prestige of the university you attended as they are about the fact that you’ve put in the work and graduated.
Jill Chapman, a senior performance consultant at Insperity, a human resources agency said, “I think it doesn’t matter as much to the future employer about whether it (the degree) was in person or online, I think it matters what you were studying, and it matters whether or not your degree comes from a school that was accredited.”[2]
See, many of today’s employers don’t care so much if you’ve earned your degree online or in person. They do care, however, that the college you’ve earned your degree from is accredited. That’s very important.
Get this…
School Match Pro can connect you with an online college that is accredited. A college that employers may find have taught you the same skills as an in-person college…
But at a big cost savings!
So what are the cost differences?
Well, let’s start with 4-year public college. When all is accounted for, the average cost of earning your degree in-person from a 4-year public school is about $31,165 more expensive than earning it online.
That’s a big price difference.
And for a 4-year private college and universities, earning your degree in person could cost you almost $125,000 more than earning the same degree, from the same school, online.[3]
That’s a lot of money!
A further breakdown of the costs of earning your degree online vs in person shows something even more amazing.
The average cost, per in-state credit hour at a public school was shown to be $711 per hour. But, that same credit hour, with online classes, only cost $333![4]
Of course, these are averages of all US public schools, so the credit hour costs will vary by school and state. But one thing is for sure, earning your degree online can be much cheaper than earning it in person.
Now, if you’re prepared to look ahead to your future, a future where you could earn $1.2 million more with a college degree, now may be the time to consider enrolling in an accredited online college.
And there may be no better way to do it than with School Match Pro!
Simply go to our homepage at SchoolMatchPro.com, click on “Begin Your Search Now” and we’ll help get your educational journey launched!
[1] How does a college degree improve graduates’ employment and earnings potential? – APLU
[2] 10 Things Employers Think About Your Online Degree (usnews.com)
[3] Cost of Online Education vs. Traditional Education [2023]: Comparison (educationdata.org)
[4] Cost of Online Education vs. Traditional Education [2023]: Comparison (educationdata.org)
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