This study compared the progress of 2,001 graduate students at Nova Southeastern University (Florida), of whom 1,039 were campus-based and 962 were distance education students. The study population consisted of all Fall Term 1993 School of Business and Entrepreneurship differentiating between campus-based and distance education students. Successful matriculation was defined as graduated and/or still enrolled five years later (Fall 1998). The study found that, overall, campus-based students had a statistically significantly greater frequency of successful matriculation by Fall 1998 than their distance education counterparts. However, breakout analyses by graduate level found that master's-level distance education students, as a group, exceeded their campus-based counterparts in successful matriculation, whereas campus-based doctoral students had a greater frequency of successful matriculation than their distance education counterparts. Eight tables detailing study findings are annexed. (Contains 19 references.) (DB)