Not only have online courses and degrees aided universities in many ways; they are now supporting some. The University of North Carolina is one such institution: Bowles also said distance learning, or online classes, offered at UNC-Chapel Hill, UNC-Charlotte, and all across the state are helping a lot to bring in more money, and that helps the bottom line for students. "Because (with online classes) we can generate revenues from students throughout the world," Bowles said. "Would you rather have a master's in teaching or master's in nursing from the University of North Carolina or Phoenix?" Bowles believes that money will help prevent big tuition increases and help move the UNC system forward in the years to come. Of course, this leads one to wonder if the trend of more 'traditional' universities offering online degrees will lead to the demise of wholly online institutions such as Phoenix. Where would you rather get your degree? (Picture Source: UNC)