The number of people getting degrees online is growing by leaps and bounds with about two-thirds of universities now offer some type of degree online. And statistics predict that one in 10 students will complete an online degree in the next few years. Online degrees are fine, but Clark wants you to know the risks. There are rogue outfits out there, claiming to offer degrees that are really just out to steal your money. They run the gamut from non-accredited schools that will earn you a useless diploma to criminal organizations that could be out to steal your identity. Congress legalized these “diploma mills” when it passed a provision allowing them to tap into the federal student loan program. So, you could enroll in what you think is a university and take classes online. When you try to transfer credits, they don’t count and you have lost your money. It was done entirely because of corruption in Washington involving for-profit schools. There are about a half a dozen accreditation bodies, so check with them before you enroll at a school. Just because a “school” can lend you money doesn’t mean they are accredited.