I have been watching the progress online education has been making in the last several years and feel optimistic it will be a viable complement to brick and mortar education by when J is ready for college. That said, I am always eager to hear what the punditry has to say on the topic.
Not sure where to place my bet exactly, but I do believe that the rising cost of brick and mortar institutions will force even the most deserving students to go online. They will be the force that levels the playing field. If an institution does not lower its selection criteria for the program that will be delivered online, there is no reason why it would not be viewed at par with the classroom version.