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Advances in technology assisted education are revolutionizing the educational process as most know it today. What impact, if any, does technology-assisted education have on the future of higher education? In this study, we examine data from an ongoing evaluation of the distance education program for graduate level business students in a private university. The study addresses the impact of technology-assisted learning on academic performance among distance learners and their on-campus counterparts. The study further explores the relationship between academic performance and students' technological adeptability. The findings indicate, when adjusted for gender (females out-performed males), there were no significant differences in academic performance between distance learners and their on-campus counterparts. Analysis also shows no significant differences in overall academic performance between technology-adept students and those without technological skills. These findings may remove at least some perceived barriers in the decision to initiate distance education programs.