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There is a need for an accredited online degree program as accreditation is a form of validation process by which universities are evaluated against a set of said standards so that it maintains the adequate level of educational standards.
A set of faculty members of various accredited online colleges evaluate the standard to award an institute with accreditation. The accreditation assesses the institution’s philosophy, resources and its allocation, student admission requirements, and the quality of the teaching faculty.
Whether the university you opt for has accreditation or not will help you evaluate the standard of the degree or course you are opting for. If you choose an un-accredited one, you might face a problem in acquiring an appropriate job as the certificate might not be recognized by your employer. In other cases, you might not receive the desired remuneration by your employer. It might be as bad as you not doing the course at all.
The universities which are legitimate and have received accreditation from legal accreditation bodies and which also provide online college degrees, can receive online accreditation and are called accredited online college degree.
It has been found that there are some schools as well as universities which might have received accreditation but over a period of time they might lose the accreditation for various reasons. Then the university or school needs to consciously try and apply for accreditation for all the degrees that it offers to the students so that it doesn’t lose its credibility.
Distance learning programs in most countries are assessed in a case-by-case basis, and will be included if they meet mGAAP standards which is synonymous to Generally Accepted Accreditation Principles.