Cost Of Online Degree

Among the 166 ranked online bachelor s programs that reported this data to u s.
Cost of online degree. News in an annual survey the average total cost for in state students is 38 516 in 2019 2020. According to a u s. An associate degree is available at half that cost and time and a master s degree even less. So if you take two years to complete your degree assuming you have about two years of transfer credit then the total cost of the degree would be 90 000 in real and opportunity costs.
At a mere 30 000 the total tuition for a four year bachelor s degree completed entirely online is comparable with many universities single term tuition. Study on your own schedule with 100 online degree programs. News and world report article by devon haynie the average price that students pay for online classes is 282 per credit hour. According to a 2017 monograph by two brigham young university scholars online degree seekers drop out anywhere from 10 to 700 more frequently than their campus bound counterparts.
Average cost of online college per credit hour. Because costs vary from school to school it is important to do a budget analysis looking at all of the specific costs associated with earning a degree. This puts the price of taking 12 credit hours worth of classes which is generally a full course load at around 3 400 a semester. Learn from project based courses and get direct feedback from your professors.
While the total average cost of traditional degree programs is around 85 000 an online degree only costs an average of 30 000 to complete making it much more affordable. Highest paying bachelor s degrees. Precise dropout rate statistics for online only learners are difficult to come by. Some online programs also offer an accelerated format which can also reduce the amount of time it takes to earn a degree.
Once prospective students are aware of all the costs and fees associated with an online program they can decide whether distance learning is the best.