In terms of the degree itself, there is no difference. Whether taking ground course work (attending a campus) or online, the degree is the same, valid, and bona-fide, provided you take the degree through a college or university
Advantages- It is great for an individual who cannot take ground courses because of work-life issues. In other words, time constraints, work schedule and/or family responsibilities etc.
- The ability to work in the comfort of your own home, from work, on vacation, or any area where you have computer access.
- The ability to work out your own study schedule and class participation.
- You will have the opportunity to get national and global perspectives on course content issues, because there will be students in your class who are from across the nation, and some from outside the US.
Disadvantages- You may not have answers to questions from professors and/or classmates in real time.
- If you are not disciplined in your study habits, it is easy to fall behind.
- If the student is not a self starter, this approach to education would not be suitable.
Once again, when choosing a college or university, make sure the institution holds a
regional accreditation (most important).