I’m not going to answer your question directly as I like people to think things through themselves. As an ATP student you’ll be investing a tremendous amount of time, effort and money training. It’s really a team effort between you AND your instructor. Training schedules can be dynamic and you’ll need to be available whenever’s necessary. You’ll expect your instructor to be there for you, when the time comes shouldn’t your students expect the same? Aside from “doing the right thing” for your students because it’s the right thing, failure to do so could result in your dismissal from ATP which could seriously derail your entire career. Factor in online degrees can be demanding as is flight instruction and if you’re keeping up with your students inevitably your school work will suffer which isn’t good either. The vast majority of pilot’s do ALL their online degree training once the get to a Regional since the schedule is much less demanding.
Those are the facts but ultimately the decision is yours but again, if the weather’s been an issue and you’re not their when your student needs, you may very well find yourself with a whole lot more spare time than you bargained for.