This article studies the modern trend of online education in the United States. Based on a wide range of statistics, the number of cyberspace courses offered by four-year institutions and universities nationwide has rapidly increased over the past one and a half decades. Under a case study, colleges of business from ranked universities and colleges showed that: (a) colleges of business were inclined to provide more online graduate than undergraduate courses; (b) One-fourth of first- and second-tier institutions offered online business programs with 58% of them granting degrees and/or certificates; (c) 40% of the third- and fourth-tier institutions provided e-learning opportunities with about half of them awarding business degrees or certificates. Given ongoing technological advancements and increasing use of the Internet, academic participation in internet education should sustain its fast growth into the foreseeable future. (Contains 4 tables.)