I don't think it's a good idea for that type of degree. It can work for degrees like business ones however not in my opinion for something like engineering or science which needs other skills than just knowing your content.
Social side as you outlined isn't important but degree quality and what you actually gain for it is something that I would question a lot. If they are basically just reading off slides, making you watch videos and stuff then you can literally just do that yourself on a website like Khan academy or youtube. So you might not really be getting value for what the degree costs.
I'm doing adv science at uni right now and have experienced both the in-person version and online delivery after covid happened. Doing the science degree (Chemistry for me) online during that covid time, it felt very useless in terms of actually gaining any skills that will be useful for a job or further study like a PhD or masters.
The lectures side of thing was fine and it didn't seem that much different to doing it in-person or online, so no disadvantage in that respect.
However, a very very significant part of doing a science degree is the lab work. Speaking from my chemistry degree and how it was conducted it was a complete waste of time. You can't learn lab skills by watching some video of someone doing it or a powerpoint of images of what happened.
Even though sometimes they might try to paint it in a different way and use fancy words like interactive online lab, it is far from that. Another subject I had online the labs were basically just using excel every single week and analysing data and writing report based on that. None of the fun stuff of actually doing the degree which is doing the experiments.
Other than that the lab skills are very important, the only way to learn these skills is by getting hands on practice in the lab yourself. If you do online degree for science I worry about what career prospects there is in that respect because you can't get hired to work in a lab or industry because at the interview they would ask you what technical skills do you have with say for example do you know how to use this type of instrument or technique. Saying you know the content well probably isn't going to cut it.
If it's a science degree where the major is not as dependent on labs or you going to do something like being a school teacher then maybe it could work. But if any of these things above are relevant I would highly advise against doing that.