This study examined graduate students perceptions of the educational value of their collaborative learning when using the Internet for course delivery. Students enrolled in a summer class conducted entirely online were interviewed, and their communications analyzed, to determine the salient factors associated with their collaborative experiences. Respondents indicated that although they enjoyed the convenience and opportunity for collaboration, a number of dissatisfiers were apparent with the instructional strategy and the delivery medium. Recommendations are documented in an effort to improve future courses utilizing this methodology.