When marketing online degrees, many schools make big claims. A degree is the ticket to a promotion, salary increase, or a new career, and online learning is a convenient way to get there. Usually, however, an obvious data point is missing. What proportion of online students actually finish? There is no requirement for schools to disclose an online-specific graduation rate, but the ratio would surely inform the conversation about the value of online learning. Does delivery mode help or hinder graduation?
While most schools do not trumpet the numbers, the U.S. News Online College Rankings do include online graduation data for both bachelor’s and master’s programs. Notably, U.S. News uses this data to inform only 10% of the ranking, offers no commentary on trends, and does not allow prospective students to directly compare graduation rates. Regardless, this is important data that deserves wider attention.
U.S. News scores graduation rates on a two-year average. At the bachelor’s level, the typical amount of incoming credit determines whether a three, four, five, or six-year graduation rate is used. For master’s programs, the standard is three years. The data is reported to U.S. News by schools that choose to take part in the rankings. Here are the results for the top 10 ranked bachelor’s programs overall and top five master’s programs by field:
*Six-year graduation rates at bachelor’s level (entering class of 2008-09) and three-years for master’s level. Some highly ranked schools/programs did not report graduation data, perhaps due to recent market entry.