measuring impact: a pilot study of adult student gains and satisfaction
TRANSCRIPT
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MEASURING IMPACT
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WE SOUGHT TO UNCOVER THE IMPACT OF AN
UNDERGRADUATE DEGREE OR CERTIFICATE ON THE LIVES AND CAREERS OF ADULT
LEARNERS
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EIGHT INSTITUTIONS PARTICIPATED IN THE STUDY FROM SEPTEMBER 2013 TO FEBRUARY 2014.
THIS IS WHAT WE FOUND…
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A TYPICAL RESPONDENT
Graduated between
2008-2013
Was between 24–44 years
old
Worked full or part-time while enrolled
Earned less than $60k
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16%
32%38%
11%
4%
Extremely satisfied Very satisfied Somewhat satisfied Not very satisfied
Not at all satisfied
A SEPARATE STUDY OF 988 INDIVIDUALS WHO COMPLETED HIGH SCHOOL OR RECEIVED A GED RESPONDED THAT THEY WERE INTERESTED IN
HIGHER EDUCATION.LESS THAN HALF WERE EXTREMELY OR
VERY SATISFIED WITH THEIR JOB.
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40% OF BENCHMARK PARTICIPANTSARE VERY OR EXTREMELY INTERESTED IN GETTING A
BACHELOR’S DEGREE
26% ARE VERY OR EXTREMELY LIKELY TO RETURN TO COLLEGE
WITHIN THE NEXT FIVE YEARS
&
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FINANCES AND TIME ARE THE MOST SIGNIFICANT CONSTRAINTS TO EARNING A
BACHELOR’S DEGREE.
45%
42%
Somewhat agree
Strongly agree
Classes are too
expensive
Classes are too time
consuming
Somewhat agree
Strongly agree22%
45%
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A BACHELOR’SDEGREE PAYS OFF:4.5% UNEMPLOYMENT FOR COLLEGE GRADUATES VS. 8.3% FOR HIGH SCHOOL GRADUATES
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A BACHELOR’S DEGREE ESPECIALLY STARTS PAYING OFF FOUR YEARS OUT FROM
GRADUATION
$0.00
$10,000.00
$20,000.00
$30,000.00
$40,000.00
$50,000.00
$60,000.00
$44,167
$34,054
$38,879
$44,481
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41% OF THOSE WITHOUT A DEGREE BUT WHO
HAVE EARNED A CERTIFICATE SAYTHEY CHANGED FIELDS OR CAREERS
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70% OF BACHELOR’S DEGREE EARNERSSEE AN INCREASE IN INCOME IN LESS THAN 5 YEARS, SOME DOUBLINGTHEIR SALARY
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My degree pr...
73%63%78%
*Benchmark participants were not asked to rate this statement.
EARNING A DEGREE SIGNIFICANTLY HELPS ADULTS REACH THEIR CAREER GOALS
PERCENT WHO “STRONGLY” OR “SOMEWHAT” AGREE THAT “MY
DEGREE PROGRAM EQUIPPED ME WITH SKILLS TO ADVANCE IN MY CAREER*”
Certificate Associate’s
degree
Bachelor’s
degree
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INDIVIDUALS IN THE DEGREE-GRANTING OR CERTIFICATE PROGRAMS REPORT SIGNIFICANTLY GREATER PROGRESS TOWARD CAREER GOALSCAREER GOALS.
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ALTHOUGH MANY PARTICIPANTS WOULD LIKE TO CHANGE JOBS, THEY BELIEVE THEIR CREDENTIALS HAVE
HELPED ADVANCE THEIR CAREERS.
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85% OF BACHELOR’S DEGREE HOLDERSRESPONDED THAT THEY FELT MORE CONFIDENT IN THEMSELVES AFTER
EARNING THEIR DEGREE
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FOR MANY STUDENTS, THERE WAS NO SINGLE STUDENT SERVICE THAT WAS
HIGHLY
VALUED IN TERMS OF WORKPLACE PREPARATION*Financial aid and student support/advising services were most used by respondents
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CONCLUSION?INSTITUTIONS SHOULD BETTER COMMUNICATE THE VALUE OF ADEGREE
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AS WELL AS HELP STUDENTS IDENTIFY THE BREAK-EVEN
POINT
MEASURE THE IMPACT OF UNEMPLOYMENT/JOB
SECURITY
&
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AND FINALLY,
ADDRESS TIME AND WORK CONFLICTS WITH MORE HYBRID & ONLINE PROGRAMS
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PARTICIPATE IN PHASE 2
Jim Fong Director, UPCEA Center for Research & Consulting
[email protected]: 814.308.8424
Todd BloomChief Academic Officer, Hobsons
[email protected]: 703.859.7386