Search results
Results from the WOW.Com Content Network
In some cases, it may be more expensive to earn a bachelor's degree online. For example, Marshall University in West Virginia charges $300 per credit for on-campus, in-state...
Here are some things students should consider about the cost of an online college degree and how to compare programs before choosing one.
How Much Does Online College Cost? The average cost of online college in 2020 ranged from $9,600-$15,150 per year. Public online colleges offer the lowest tuition rate for in-state students, while students pay a higher amount for out-of-state and private college tuition.
The tuition fees for online colleges vary significantly, ranging from about $120 to $800 per credit hour, depending on the institution and program. For instance, the University of Florida charges $129 per credit hour for online tuition for in-state students.
According to U.S. News & World Report, an online bachelor's degree from a public college during the 2019-20 academic year cost an average of $316 per credit hour, while an online bachelor's degree from a private college cost an average of $488 per credit hour. Furthermore, some colleges use alternative credit loads to appear cheaper.
Understand the real costs of an online vs. on-campus education to determine which is better for your unique needs and circumstances. Several factors affect the cost of college, including technology and campus fees. Students can reduce their college costs online or on campus in multiple ways.
Overall, most schools do charge less for online than in-person programs – 80% of public schools offer lower rates for online out-of-state students, and 96% of private schools have cheaper online programs.
Out-of-state tuition at those schools is more expensive, with an average cost of about $472 per credit hour.
Indeed, online colleges are increasingly popular as flexible and efficient pathways toward a degree, but how affordable are they? And what are you actually getting for those costs? In this guide, we’ll answer these questions and more.
The Education Data Initiative reports that at private universities, the cost of an online bachelor’s degree averages $60,593. Meanwhile, an online bachelor’s at a public university costs $38,496 for students with in-state residency status. However, tuition rates at public universities can also vary widely between states.