The degree you earn is as credible as the institution from which you earn it. This means if you choose a university of quality, then a degree you earn through distance learning will be just as credible as a traditional degree in the same major from the same school. There are many universities in the US that offer online degrees, and an increasing number of universities in the UK that are starting to do so. One of the pioneers for online degrees is the Open University in the UK, which formerly was known for its more traditional distance learning methods.