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The cost of an on-line masters degree can range from $10,000 to $100,000, depending on the program. Make sure before deciding on an on-line masters degree program you research the institution and verify it has the classes and degree program you are seeking. Also, check with DETC.org to verify the schools accreditation. Some companies have tuition reimbursement programs so when considering an on-line masters degree, you might want to inquire about the details of this program.