My Online Colleges

Last Update: Thursday, July 5th, 2012

Cost Breakdown for Online & Traditional College

Tom Anderson Written by Tom Anderson on July 5th, 2012

Contributing author for MyOnlineColleges.com

 

The total cost of education is one of the major factors while deciding which college to join. The cost of different courses varies with different colleges. Also the course fees may be different in an online college as compared to traditional college.

A breakdown of college costs has been explained as under:

Cost of Online Colleges

If you think that a degree course in an online college will have cost you lower than in a traditional college then you are wrong. The course fees in online colleges are similar to traditional colleges’ course fees—sometimes the fees may be higher or lower. You might be able to find some online colleges that offer cheap degrees; however, you must remember with quality comes price. According to reports, the average cost of online degree courses is $252 per credit hour; however, some colleges even charge $700 to $900 per credit hour. So on an average, a Bachelor’s degree in online colleges would cost anywhere between $30,000 and $50,000. It cannot be concluded that the higher the fees the better the quality and the lower the fees the poorer the quality. There are some online colleges available that offer quality education at reasonable prices.

Cost of Traditional Colleges

The course fees in traditional ‘brick and mortar’ colleges are mostly similar to online college fees. However, there are some colleges that charge much higher than average fees of online and traditional colleges. The average cost of earning a Bachelor’s degree may cost somewhere between $45,000 and $75,000 depending upon the course and college. Besides that, there are also boarding charges, books and supplies cost and transportation expenses.

Conclusion

From the above discussion it can be concluded that online colleges are cheaper than traditional ones. There aren’t many differences between the courses offered by these two different types of colleges. However, an online college has its own set of benefits and the traditional college has its own. One should be able to decide which one to move forward with.

 

*Free image courtesy of FreeDigitalPhotos.net


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