Do employers really perceive online learning degrees?

Recently I was looking for doing a online learning course and was really confused to one question - Do employers really perceive online learning degrees? and here's what I could perceive of the situation.

Most employers really care less if you have got a masters from Harvard or a masters from an online university, they still have the same payscale as long you simply have the qualifications (pretty ridiculous as it may seem). Other employers put more emphasis on traditional colleges than the ones done on correspondence or online.

In an indirect (and maybe somewhat unfair) way, it may be generally viewed that a traditional college setting requires more work and commitment, and therefore is valued more. It doesn't mean there aren't plenty of very smart people with only online training / educations but when you walk in for an interview, generally you are being sized up in a very short period of time, and human bias is always a factor.

You never know how the interviewer is going to perceive you but as long as you stand out well and are educated and well-spoken in your interview, you should be mostly okay. I personally feel that with all the technology advancement - an online course is just as good or at times better than a good old classroom one.