There have been many studies released, from very credible sources, that indicate that a college education clearly pays back. A May 2014 New York Times article indicates that the pay gap between college graduates and non-graduates is widening, even as more students attend college. The College Board has indicated that both individuals and society as a whole benefit from increased levels of education. Pew Research has shown that although the pay gap is increasing, Americans are beginning to question the value of higher education and its affordability.
Today’s colleges face many challenges in helping prepare students for the workforce. As more students attend college and costs continue to rise, higher education institutions will be under increasing pressure to prepare students for the workforce. Gaps in workforce preparedness contribute negatively to employers’ views of graduates, the reputation of colleges, and the well-being of young adults. There is a sense that college curricula are struggling to keep pace with the changing needs of the workforce.
Crux Research recently conducted a study for Chegg which focused on workforce preparedness. We surveyed large samples of students, college faculty, and employers to explore beliefs around accountability and ownership in creating a hirable, attractive, ready-to-work population from U.S. colleges and universities.
This study sheds new light on issues of workforce preparedness, the unique perspectives of faculty and employers, and the need for a new approach to the way faculty and employers work together.
A summary of results of the project can be found at Chegg’s website here.