The quality and acceptance of online degree programs are still controversial issues. In Mexico, where access to technology is limited, there are few studies on the matter. Undergraduate students (n = 104) answered a survey that aimed to evaluate their knowledge of virtual education, their likelihood of enrollment in an online degree program, and their acceptance of online degrees as adequate professional credentials. Results show that participants have a basic idea about e-learning, consider that face-to-face courses have a higher quality than distance classes, are open to the idea of enrolling in an online degree program, but regard traditional degrees as more adequate professional credentials than web-based equivalents. Further research is needed to increase our understanding of the comparative standing and acceptability of online degrees in a developing country like Mexico.