GetEducated.com, LLC, America’s online degree
clearinghouse, has released the results of their
nationwide survey of costs at online bachelor degree
programs. The survey of 78 regionally-accredited
colleges revealed online learners should be prepared
to pay as little as $10,560 or as much as $105,720
for a regionally-accredited, four-year undergraduate
distance degree in business or management.
Premiering at the number one spot as the most
affordable online degree is East Carolina University
(North Carolina) with a modest cost of $10,560 for
an online bachelors degree for state residents. Out-
of-state residents will pay significantly more
($59,640) for the same distance degree. New York
University (New York) topped the price chart for the
most expensive online undergraduate degree at
$105,720.
Average cost nationwide for an online bachelors
degree is $40,224. Widely advertised for-profit
colleges consistently rank higher than average in
cost, with the University of Phoenix online charging
an average of $57,000.
Among the 78 regionally-accredited colleges
surveyed by the clearinghouse the average cost for
an online bachelors in a business or management
area in 2006 is $40,224. All 25 of the top ranked
best buys in online colleges came in at or below
$30,000. The survey reinforces a trend already
apparent in the clearinghouse’s national surveys and
rankings of online masters degrees: best buys most
often come from public institutions.
The University of Phoenix, for example, charges an
average of $57,000 for their online bachelors in
business. Phoenix, a publicly-traded university
system operated by the Apollo Group, charges an
average of twice what is charged by distance
learning Best Buys such as Fort Hays State
University of Kansas ($15,600), University of
Wyoming Online ($15,840), Governors State of Illinois
($20,520), Empire State College of New York
($23,172) and Ohio University ($23,750).
“Consumers should be aware that more and more
publicly supported university systems such as the
University of Wyoming and Thomas Edison State
College (New Jersey) are offering online degree
options. However,” states Vicky Phillips,
GetEducated.com's founder and a leading analyst of
distance learning trends, “most publicly supported
colleges do not advertise their offerings widely.
Online learners must take the initiative to ferret out
best buys in name brand online education.”
Consumers can explore all their accredited online
degree options by downloading a copy of the
clearinghouse’s FREE guidebook (ebook) to
accredited online business degrees,
GetEducated.com’s Best Distance Learning
Undergraduate Schools, Business & Management
2006.
Download a FREE COPY of the 2006 guidebook to accredited online business and management bachelor degrees.