The Online Education Database (OEDb), a database of accredited online education programs, has released its 2008 online college rankings. This is the second year for the rankings. Since there are only 96 accredited online colleges, the universe for this ranking is narrow. But OEDb looks at all the important metrics — acceptance rate, financial aid, graduation rate, peer web citations, retention rate, scholarly citations, student-faculty ratio, and years accredited — and uses a fairly straightforward methodology.
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Andy writes! 
Is there a feedback from the online students who took the courses from these online schools to ascertain the perceived effectivity of the school?
I am very inclined to enroll in a masters program online. This site is a valuable resource in addressing which online schools are effective, accredited and affordable.
Thank you for your service.
i wish there was something like this when I started college.