Here is an article showing one person's cost analysis for an online versus brick and morter degree, including an experiment with teh difference in interviews likely to be obtained with each type of degree. http://www.pfadvice.com/2007/04/05/how-to-approach-any-financial-question/ Elizabeth
Earning a graduate degree from a brick-and-mortar school via distance education provided the opportunity cost of taking time off to study full-time on-campus exceeds expected return on investment (salary and benefits and additional years of experience), or the marginal cost between a degree earned at a brick-and-mortar school earned via distance education and a purely on-line school is sufficiently close to zero (zero is not the mathematical zero but instead some acceptable value between zero and the actual cost difference between the schools), could be viewed as the optimum route. Additionally, the purpose to which one intends to put the degree and the organization will necessarily affect the choice of school and mode of delivery.
At the end, professional certfication as CPA, CMA, CISSP or even the vendor ones like Microsoft certifications are basically the same as online programs and have a high return of investment. I don't think it matters how you got your education but more relevant is the institution that grants the qualification.
The whole thing is built on a false premise. There are currently more traditional B&M schools with fully online master's programs than there are strictly online schools. The assumption us you have to choose one or the other; the reality is that you do not.
it depends on what you are looking for ... I believe it depends on the subject area being sought for your educational completion ... For instance, science courses demand on-hand experience lab work....so going to B&M schools would have this benefit ...Otherwise , if an online school would demand you to televise your lab work from "youtube".... that would be an experience.... Also I feel online school would be easier for adults rather than kids coming from high school ... But in many cases, I can be wrong on the above premise... Sometimes an older adult with some previous educational experiences have some knowledge and direction on their courses ...