How to Avoid Online College Degree Scams

By: Erin Huffstetler

Considering an online college degree, but not sure how to weed out all of the scams? Refer to the following list of online degree pitfalls, and you'll be well on your way to finding a legitimate degree program.

Identifying Online Degree Scams
Legitimate online degree programs do exist; unfortunately, so do the online degree scams. With so many schools to choose from, it can be very difficult to determine which degree programs are on the up-and-up and which are anything but. To help you in your search for a legitimate program, consider the following list of things to avoid:

  • Avoid programs that award diplomas based solely on life experience. A legitimate degree program should include coursework.
  • Avoid programs that you find out about through unsolicited e-mail. If you didn't request information about a school's degree program, that e-mail is spam. No legitimate school should be spamming you.
  • Avoid programs tied to unaccredited schools. If you want your degree to be accepted by your employer and any other universities that you might want to attend, it needs to come from an accredited school.
  • Avoid programs that promise you a degree in a very short period of time. Earning a degree takes time-and 14 days just doesn't cover it.
  • Avoid programs that are willing to negotiate fees. A legitimate school may offer you financial aid, but it will not offer to reduce your fees. That offer to discount your fees if you pay by a certain date is just too good to be true.
  • Avoid programs that allow you to buy honors. Academic honors are earned, not bought.
  • Avoid programs that offer to create fake transcripts for you. If you didn't complete the coursework, you shouldn't be able to get a transcript that says that you did.
  • Avoid programs that charge you a set fee for a degree rather than a per-course fee. Legitimate schools charge by the credit hour.
  • Avoid programs coming from schools with ripped-off names. Does the name of the school you're considering sound remarkably close to a big-name school? Say, Columbia State University, instead of Columbia University? Chances are this is the sign of a scam.

Finding a Legitimate Online Degree Program
Determined to earn your online degree the right way? Then consider the following tips:

  • Look for a program that's offered through a big-name school that you know and trust.
  • Look for a program that requires you to take part in live online course sessions.
  • Look for a program that requires you to submit assignments and to complete regular evaluations.
  • Look for a program that requires you to purchase textbooks for your classes.
  • Look for a program that requires you to submit an application before being accepted.

Earning Your Online Degree
Choosing the right degree program takes time, whether you're looking for an online degree experience or a traditional brick-and-mortar experience. Research all of the schools that you are considering carefully, and then choose the one that feels right for you.

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Online college degrees can be just as valuable in the workplace as degrees earned in the classroom. Choosing a well-known online degree program or blending online coursework with classroom study can help you get the most from your continuing education.

Find out which schools have the best online degree programs.

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How do you know if getting your degree online is the right choice for you? Start by identifying what you want from your academic experience, then evaluate your lifestyle and your budget, and be honest about how self-disciplined you are.

Online degree programs offer students flexibility and tuition is generally more affordable than in-class tuition. Be sure the online school you choose is accredited by a recognized accreditation agency, has been offering online degrees for more than two years and the student-teacher ratio is no more than 20:1.

Online finance degrees are available at the certificate, bachelor's and master's levels and can prepare you for jobs in corporate finance, financial planning and investment banking, but any program you choose be accredited by a recognized accreditation agency.

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