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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 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.

Colleges and universities that offer online degree programs typically will be cheaper than going to a traditional brick-and-mortar university for a variety of reasons. For many schools that solely specialize in offering online degrees, they have fewer expenses to incur.

Driver's license, federal tax returns, bank statements, income documentation, Social Security number and W-2s are usually required to apply for student loans without a cosigner.

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.