The 'Is College Still Worth It' Chart is Insightful
Shiori Mine — July 24, 2012 — Life-Stages
References: degreejungle & visual.ly
While getting a degree has become an expected standard, the 'Is College Still Worth It' infographic reveals some insightful facts about taking the post-secondary jump.
The struggle faced by most college and university students is finding a major or program that sparks their interest. With tuition costs on the rise, changing programs and majors can be a costly decision. Around 94% of parents expect their children to go to college, since many see it as a long-term investment. Although you are racking up significant student debt during those two to four years, the return will come from the higher pay cut.
Although there are exceptions to the case like Mark Zuckerberg, who dropped out of Harvard prior to completing his degree, most foresee college as a prime opportunity.
The struggle faced by most college and university students is finding a major or program that sparks their interest. With tuition costs on the rise, changing programs and majors can be a costly decision. Around 94% of parents expect their children to go to college, since many see it as a long-term investment. Although you are racking up significant student debt during those two to four years, the return will come from the higher pay cut.
Although there are exceptions to the case like Mark Zuckerberg, who dropped out of Harvard prior to completing his degree, most foresee college as a prime opportunity.
Trend Themes
1. Changing Majors - Opportunity to develop flexible degree programs or career pathways that allow students to explore various disciplines before committing to a specific major.
2. Rising Tuition Costs - Opportunity for innovative financing models or alternative education options that provide affordable education without compromising quality.
3. College as a Long-term Investment - Opportunity to create educational programs that focus on developing skills and knowledge with long-term career prospects in high-demand industries.
Industry Implications
1. Higher Education - Opportunity for universities, colleges, and online learning platforms to adapt their offerings to better meet the needs of students.
2. Financial Services - Opportunity for financial institutions to develop student loan solutions that offer flexible repayment options and lower interest rates.
3. Edtech - Opportunity to create innovative educational technologies that provide personalized learning experiences and support career exploration.
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