Despite fear that college enrollment is declining, a new academic study published by Sage Journals reveals that certain subjects are seeing big numbers. The deciding factor? The lifetime earning premiums they offer.
Institutions prefer to measure returns on investment in terms of revenue received or savings realized, but traditional metrics cannot capture the decreased stress levels and improved performance of students who get the exact guidance they need exactly when they need it.
More than 90% of the UNC System's undergraduate and graduate programs reap a positive ROI for graduates, and nearly 90% of low-income students experienced upward economic mobility, the University of North Carolina System study found.
Students from the American College of Education (ACE) earn nearly $20 for every dollar invested and 87% of graduates don't graduate with debt, according to Lightcast, a global leader in labor market analytics.
With rising student demand and workforce prowess, degrees embracing these digital STEM fields can reap high enrollment and grant impressive ROI. Some institutions have already adopted it into their longstanding programs this year.
The current model of higher education gives credit only if and when a learner reaches the end of the journey. It’s a broken system that hardly works even for traditional learners who enter college right after high school.
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.
Money Magazine revamped its ranking due to the changing needs of average Americans looking for the best investment based on what they personally value amid higher education's inflated price tag.
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.