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Workers, professional or otherwise have reported higher lifetime earning if they have earned accredited degrees. One of the reasons for this is the careers offered to workers with degrees generally work in the higher paying professions. In order to be in the top ten percent of earners you would have to have a degree in a professional field such as accounting, finance, medicine or education.

Educational institutions that are recognized by the Department of Education or one of their regional certifying organizations are authorized to offer accredited degrees to students. The institutions must pass a number of qualifiers to earn the accredited status. Schools that have the accredited status make the transferring of credits more consistent and offer a higher level of confidence in the market place as to student competency.

Over the past few years many more colleges and universities have been offering accredited degrees online. Some colleges require some attendance at their campus and others require little or none. Online degrees can save the student some time and money but you will have to shop around. As competition in the market increases we will probably see a drop in prices but for now you can pay as much for a degree online as you would pay to attend on campus. The advantage though is you can learn at your own pace and study on your own schedule.