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Online College Financial Aid >
Cutting Online Degrees Cost
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By Vicky Phillips, Chief Education Analyst
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Life experience degree programs are available at most accredited online colleges today. Using them can help you earn your distance degree more quickly—and at considerable cost savings.
Why have most online universities developed life experience college credit assessment programs? Today, the majority of "college kids" are 24 years old or older. In online bachelors degree programs, the average “college kid” is an adult student, about 36 years old. The average online masters degree student is 40 years old.
If you’re an adult “college kid," chances are excellent that you’ve acquired specialized college level knowledge on the job for your career—or through independent reading or hobbies. Your life experience and work experience—corporate training, professional licenses, etc.—can be converted into real college degree credits.
Valid credit for life experience degree programs can make an online degree much more affordable. Here are five ways to turn what you've learned in life and work experience into valid online college course credit.
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Read more to find out how to gain college credits from life and career experience
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Expert Advice >
Online MBA
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By Vicky Phillips, Chief Education Analyst
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Question:
I’m ready for business school online. I need an online MBA fast. But I already carry $25,000 in student loans from my bachelor's degree. Can the researchers at GetEducated.com recommend a cheap online MBA that's also good in quality?
—Brad Manchester, NH
Answer:
Brace yourself, Brad. The cost range of an online MBA is staggering. According to our own research, the Get Educated 2012 Survey of Affordable Online MBA programs, you can pay as little as $4,464 or as much as $123,225 for an accredited distance MBA. This is real cost information based on our national survey, which compared online MBA degree costs at 206 accredited online business schools. |
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Read more to discover cheapest online MBAs
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Expert Advice >
Online MBA
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By Vicky Phillips, Chief Education Analyst
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Question: I’m looking for an online MBA (Master of Business Administration). I’ve found several that fit my budget but none of these are accredited by the AACSB. What is the AACSB? Do I really need a distance MBA degree that is accredited by them?
—Roberta Gary, IN
Answer:
The AACSB is the Association to Advance Collegiate Schools of Business International. It is a voluntary, non-governmental accrediting agency that oversees the standardization of collegiate schools of business and accounting nationwide.{{ad106}}
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Read more about why you may - or may not - need an AACSB accredited school
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Expert Advice >
Online MBA
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By Vicky Phillips, Chief Education Analyst
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Question:
I’ve been shopping for an online master program in business. Everyone talks about the distance MBA. I’ve looked at several online MBA degree programs, but they don’t seem to fit. I’m head of human resources at a mid-sized manufacturing company. My job requires a lot of soft skills: managing, leading, inspiring, with a little budgeting on the side. I’m thinking an online masters in management may be better suited to my career needs. Will I be making a mistake if I don’t earn an MBA?
—Julee Omaha, NE
Answer: The MBA is the most popular online degree in America. In fact, GetEducated.com’s National Survey of Online MBAs reveals that students can select from more than 406 accredited distance MBAs offered by 172 accredited business schools.
MBA mania has definitely hit the academic halls of America.
But the online MBA, while extremely popular, is not the only online masters program available for managers, nor is it the best online business degree for all executives.
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Read more about online MBAs
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Expert Advice >
Online MBA
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By Vicky Phillips, Chief Education Analyst
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Question:
I’m considering earning an online MBA instead of earning a traditional classroom MBA. I live in rural Wyoming—not a lot of universities close to my home. None, in fact. To continue my education, I have to move or go online. My last business degree was earned the traditional way. I’m skeptical that an online MBA could ever be as good as my old-fashioned classroom experience. Can you cite objective research that “proves” that an online MBA might be anywhere near as good as a traditional classroom degree?
—Tammy, Wyoming
Answer: Lots of educators have asked—and answered—this same question. The answer: YES. The Online MBA has scientifically been shown to be as effective—if not more so—than the old-time, traditional classroom MBA.
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Read more proof about the effectiveness of online MBA programs
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