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by Chris Tilden

It’s true: obtaining a degree-be it an online degree from an online college or a more traditional degree from a “bricks and mortar” institution can open up many opportunities for those who were once preempted from moving up the ladder. Studies indicate that any person can raise their lifetime earnings by several hundred thousand dollars by simply obtaining a higher education degree. Consequently, the increased capacity to access a quality online degree program can be most instrumental in creating a foundation for an enhanced future.

It is clear that there is a correlation between earning power and education. Individuals who possess a high school diploma or GED can make, on average, twice as much as those who have not completed any education at the high school level. However, for those who possess a college degree, they will find themselves earning (on average) twice as much as their peers with only a high school diploma or GED. Obviously, a degree, be it an offline or online college degree can radically change the direction of one’s life.

Today, the ease of obtaining an online college degree makes it much simpler than in the past to change the course of one’s financial future. The crux of the matter is very clear: individuals who obtain college degrees earn twice as much money over the course of their lifetimes as those without degrees.

It all comes down to dollars and cents. The fact is that today a person of any age or background can get an online degree.

There are no admission requirements to meet and the cost is only a fraction of that required for attending a brick-and-mortar college or university. The progress toward getting an online degree can be made at each student’s own pace.

There are no requirements for the amount of credit hours that must be signed up for in any given time period.

There are differences and similarities between online and off-line colleges and universities. In many respects the curriculum can be very similar. And it is clear, that a diploma from either type of institution can enhance earning power.

It is quite possible for students to obtain federal financial aid at certain online colleges. Scholarships and other financial aid may also be offered for students attending online college classes.

However, here is the rub: Not all online colleges and universities are created equal.

Some of these online colleges provide worthless diplomas and are probably nothing more than diploma mills. There are no standards for quality educational practice and the diplomas that they issue are not recognized. Consequently, such diplomas will not open doors to future increased earning power.

“Educational programs” of this nature do a great disservice to the online communityand create undue fear for those who may be considering the option of an online degree program.

However, one can very easily protect him or herself from such scam operations by finding out a very simple bit of information. Is the online educational program accredited? Quality online degree programs are always accredited by an accrediting agency.

In the real world, there are traditional colleges and universities that do not possess accreditation; just so in the online world, one will find that there are educational programs that may or may not possess accreditation. But it is a clear fact: the mark of a quality educational program, online or off, is determined by standards of accreditation

Clearly, a quality online college degree program can be distinguished by its accreditation just as a brick and mortar college or university can be distinguished by its accreditation. With college degree programs now available online, at a fraction of the cost of more traditional education, AND with the promise of much greater income potential for those who obtain such degrees, it is a wonder why anyone would let such a powerful opportunity slip away. A small investment for today can make a world of difference for tomorrow.

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