One problem with this analysis is that it mixes the numbers for schools that have fairly siloed online and traditional programs. For instance, one school I am a

One problem with this analysis is that it mixes the numbers for schools that have fairly siloed online and traditional programs. For instance, one school I am associated with is listed as having an average start age of 27. However, it has completely separate online and traditional degree programs. The average start age is 18 in the traditional program and probably in the 30s in the online program. This averages to 27, but I imagine the ROI is quite different for the traditional program versus the online program. Traditional students take no online classes there.