Slashdot - A new Gallup survey released Tuesday found cost and work conflicts are the top reasons Americans choose to discontinue their higher education.... In the poll,
87 percent said cost was a "very" or "moderately" important reason for
pursuing further institutional study, while 81 percent pointed to work
conflicts. The other two leading reasons were the time it takes to
complete a degree at 73 percent and lack of remote options at 70
percent. Cost tops the list among all demographic groups, including
across racial and ethnic lines.
"For many of these Americans, their time enrolled in these courses
represents significant opportunity costs and financial investment. Given
that they lack a degree or credential to show for their time enrolled,
they are often worse off than if they never enrolled to begin with,"
Gallup said. Colleges prices have been surging for decades, with some
estimating a 180 percent increase between 1980 and 2020. The cost of Ivy
League schools is nearing $90,000 a year, and the average student debt
held in the U.S. sits around $30,000. "Today, approximately 41.9 million
Americans have some college experience but no degree or credential. The
percentage of Americans who have taken some college courses, but who
have stopped out and not completed their degree or credential, has
increased significantly over the past five years," Gallup found.
Online report of the Progressive Review. Since 1964, the news while there's still time to do something about it.
June 19, 2024
Higher education
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