A degree from a university on this last can add over $94,000 on top of the $61,600 median salary earned by a 25-34-year-old, according to The Wall Street Journal.
It’s time for institutions and researchers to prioritize a more holistic system of assessing and improving student outcomes, rather than relying solely on surface-level metrics like outputs.
Key takeaways EAB gathered in their latest meta-report paint a comprehensive picture of higher education's future college cohort: "Gen P." The report draws from conversations with over 20,000 high school students, counselors, parents, EAB partners and college enrollment teams.
The driving factor leading to public and private nonprofit institutions students' high regard for their degree is their trust that it adequately prepares them for life after college.
As college prices rise, there is one issue affecting the cost of college that neither side can argue with and which postsecondary institutions can readily address: Time.
For high schoolers who are still eager to enroll in college, both parents and students are more motivated to apply to a college or university whose programs best align with students' career interests, not the academic reputation of the school.
First-time undergraduate earners made up 86% of the 58,800 drop in total credential earners, which "marks the largest decline in first-time graduates since 2012-13," according to the report.
