The 2003 Sloan Survey of Online Learning polled academic leaders and was weighted to allow for inferences about all degree-granting institutions open to the public. When asked to compare the online learning outcomes with those of face-to-face instruction a majority said they are equal. Two out of every three also responded that online learning is critical to their long-term strategy. "Sizing the Opportunity: The Quality and Extent of Online Education in the United States, 2002 and 2003" also looks at characteristics of online learners, student and faculty perceptions as well as how private and public institutions approach online learning. An appendix is included.