How do you successfully market education? Is today's youth so disaffected by bleak job prospects that they just don't care? Are parents turned off by inflated and growing tuition costs?
Higher ed is increasingly challenged to demonstrate that education matters. More than ever before, higher ed must demonstrate that there is a positive return on the investment of time and money. What's a university to do?
Objective research to the rescue: the Pew Research Center recently provided a useful study, called “The Rising Cost of NOT Going to College.”
Chart 1 (below) shows the growing divergence of earnings between groups with different levels of education. As you can see the gap has risen from generation to generation. Today’s millennials, with at least a Bachelor degree, earn significantly more than less educated full-time worker in the same age bracket of 25-32.
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