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In principle they are as good as their reputation. Schools with longer histories have a stronger reputation (for good or bad) than unkown schools.
I would guess that if the degrees are not the same, an online degree would be looked upon as something slightly inferior to the 'real' degree.
But still "Harvard" sounds better then "Eyedonutno school" in smallsville Utah...
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"Do not kill. Do not rape. Do not steal. These are principles which every man of every faith can embrace. "
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