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Is a online highschool diploma as good as school diploma?

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Yes, Getting a diploma through online homeschooling I think is a better choice. You have a better chance of getting accepted into the top colleges in the US and you have the comfort of your own home.
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Generally, yes.

The brick school I went to lost their accreditation, so what does THAT say about their diplomas!
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Yes it is...there the same if you go to an accredited online school.
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They're both paper...
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