More than 1,300 online MBA programs offer bachelor’s and master’s degrees for less than $35,000 online, according to a study from the University of Michigan.
The study found that the average online MBA cost was $9,000 per year, and that the programs were offered by companies including Expedia, GoDaddy and Upwork.
The schools also offer more than 1 million student loans.
The schools offered the courses at their headquarters in New York City and in New Brunswick, New Jersey, where students can find classes online.
The cost of the programs ranges from $1,000 to $25,000, depending on the program, with some courses offering credit-monitoring, online counseling, and tuition assistance.
A university spokesperson said the schools had no plans to close any of their online programs.
“We have been very open to the opportunity to work with these companies to make sure that our online MBA students can afford the programs they want to enroll in,” said Kate McBeth, the university’s associate vice president for business development.
The average tuition and fees at online MBA schools are $23,000 for the two-year program, which has a maximum of 60 credits, the study found.
It said students in the two online programs could receive more than $40,000 in tuition assistance and $9.5 million in student loan payments.
The university’s programs include two online master’s programs, and another online bachelor’s program, the Rutgers online master of public administration.
Students can apply online at the University’s website or by calling the school.
The online degree programs are available for $50,000 or less, and students can get a certificate for free.
Rutgers said online master degrees were not available in 2019 because of an extension in the state’s student loan repayment laws.