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Originally Posted by lrgaul
This is such a popular question and I can't resist taking the opportunity to share my educated opinion based on my own business experience. I work as a level 3 Human Resources Specialist for a "Fortune 100" company. You know what?
"We don't give a rip where you got your degree from!"
Unless your resume is going to indicate something wildly unique (like a degree from Harvard or something), most employers are not going to care one little bit. In fact, there are so many colleges out there that the strong majority of them are not "brand names" for anyone to recognize anyway. As a result, we enter new hires into a system that verifies that a degree was actually earned by the applicant. The system also runs a check to ensure that the institution awarding the degree is accredited by an accrediting body that is recognized by the Department of Education. Other than that, we really couldn't care less just as long as you have a degree.
In fact, the "Fortune 100" that I work for will offer $5000.00 per year in tuition reimbursement for any college studies that I would like to do. The only stipulation -- the institution must be accredited by an accrediting body that is recognized by the Department of Education, AND they will only reimburse for courses that are "of relevant business nature," meaning that they will not pay for my glass fusing class! 
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As a veteran recruiter of twenty years, I second that experience. There is an occassional request for a top college but 99% just want a degreed individual. I can tell you that I never cared where someone graduated from, often never heard of the schools, and the employers never questioned someone's school. Heck, most don't even know whether you have done distance learning or not.
I have had great success in getting interviews since I graduated from Excelsior.