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Colleges offer only undergraduate degrees while universities offer graduate degrees as well, but the terms are often used interchangeably.

Employers said such factors as the accreditation of the college or university, the quality of its graduates and the name of the institution awarding the degree were among other things they considered to make an online degree more credible. Not all employers feel the same way, however.

The most recognized and accepted type of accreditation in the United States is regional accreditation. Generally, college credits or degrees received at a regionally accredited institution are accepted by other regionally accredited colleges or universities (non-regionally accredited programs are not as accepted)

Online Bachelor's in Engineering Degrees.  Some colleges offer dual degree programs that enable the student to earn both a bachelor's degree and a master's degree. These types of programs can generally be completed in five or six years.

A traditional college course lasts 16 weeks, but an accelerated bachelor's program compresses courses into shorter five, eight or 10 week sessions. You literally earn your degree faster by studying faster. You take just as many courses to complete an accelerated bachelor's degree as a traditional degree.

Online education is no longer the future. Unlike a decade ago, employers no longer automatically perceive online degrees or distance education as inferior or second class. Online degrees are gaining respect. As a result, there is no need to reveal in a cover letter or resume that you earned your degree online.