Measuring Impact: A Pilot Study of Adult Student Gains and Satisfaction
•Download as PPTX, PDF•
2 likes•1,393 views
Much has been written about the value of a college degree and the annual salary and job security that come with it. From September 2013 to February 2014, eight institutions were involved in a pilot study to determine the value of a degree or credential for adult students. This is what UPCEA and Hobsons discovered.
Recommended
Recommended
More Related Content
Similar to Measuring Impact: A Pilot Study of Adult Student Gains and Satisfaction
Similar to Measuring Impact: A Pilot Study of Adult Student Gains and Satisfaction (20)
More from Hobsons
More from Hobsons (20)
Recently uploaded
Recently uploaded (20)
Measuring Impact: A Pilot Study of Adult Student Gains and Satisfaction
- 2. WE SOUGHT TO UNCOVER THE IMPACT OF AN UNDERGRADUATE DEGREE OR CERTIFICATE ON THE LIVES AND CAREERS OF ADULT LEARNERS
- 3. EIGHT INSTITUTIONS PARTICIPATED IN THE STUDY FROM SEPTEMBER 2013 TO FEBRUARY 2014. THIS IS WHAT WE FOUND…
- 4. A TYPICAL RESPONDENT Graduated between 2008-2013 Was between 24–44 years old Worked full or part- time while enrolled Earned less than $60k
- 5. 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.
- 6. 40% OF BENCHMARK PARTICIPANTS ARE 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 &
- 7. 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 agree 22% 45%
- 8. A BACHELOR’S DEGREE PAYS OFF: 4.5% UNEMPLOYMENT FOR COLLEGE GRADUATES VS. 8.3% FOR HIGH SCHOOL GRADUATES
- 9. 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 Benchmark, no degree Certificate, no bachelor's Associate's degree Bachelor's 1 year out Bachelor's 2 years out Bachelor's 3 years out Bachelor's 4 years out Bachelor's 5 years out Certificate w/bachelor's Certificate w/graduate degree $44,167 $34,054 $38,879 $44,481
- 10. 41% OF THOSE WITHOUT A DEGREE BUT WHO HAVE EARNED A CERTIFICATE SAY THEY CHANGED FIELDS OR CAREERS
- 11. 70% OF BACHELOR’S DEGREE EARNERS SEE AN INCREASE IN INCOME IN LESS THAN 5 YEARS, SOME DOUBLING THEIR SALARY
- 12. 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
- 13. INDIVIDUALS IN THE DEGREE-GRANTING OR CERTIFICATE PROGRAMS REPORT SIGNIFICANTLY GREATER PROGRESS TOWARD CAREER GOALS CAREER GOALS.
- 14. ALTHOUGH MANY PARTICIPANTS WOULD LIKE TO CHANGE JOBS, THEY BELIEVE THEIR CREDENTIALS HAVE HELPED ADVANCE THEIR CAREERS.
- 15. 85% OF BACHELOR’S DEGREE HOLDERS RESPONDED THAT THEY FELT MORE CONFIDENT IN THEMSELVES AFTER EARNING THEIR DEGREE
- 16. 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
- 17. CONCLUSION? INSTITUTIONS SHOULD BETTER COMMUNICATE THE VALUE OF A DEGREE
- 18. AS WELL AS HELP STUDENTS IDENTIFY THE BREAK-EVEN POINT MEASURE THE IMPACT OF UNEMPLOYMENT/JOB SECURITY &
- 19. AND FINALLY, ADDRESS TIME AND WORK CONFLICTS WITH MORE HYBRID & ONLINE PROGRAMS
- 20. PARTICIPATE IN PHASE 2 Jim Fong Director, UPCEA Center for Research & Consulting jfong@upcea.edu Phone: 814.308.8424 Todd Bloom Chief Academic Officer, Hobsons todd.bloom@hobsons.com Phone: 703.859.7386