HCM Strategists reposted this
According to Lumina Foundation - Gallup 2024 State of Higher Education Study, 87% of learners report one reason they stopped out of college is because of the cost of finishing their degree. The second reason learners say they stopped out was because of conflicts with their work schedule, quickly followed by 70% of learners pointing to a lack of remote, or other flexible program option. These findings make clear that learners increasingly enroll in higher education alongside many other obligations, and need affordable, flexible options to complete a degree. These reasons for stopping out – cost, work, and flexibility – are not independent of one another but intrinsically related to how learners experience and pay for higher education. Expanding access to high quality online and hybrid programs that meet learners where they are will keep more higher education learners enrolled and hold down costs to learners by allowing them to continue to work while completing their degree. Read more about how higher education can build more flexible systems in our paper, Online by Design: How Learner-Centered Higher Education Design And Delivery Accelerates Equitable Access And Outcomes. https://lnkd.in/dZp_wanT Higher education must also work to reengage learners who have stopped out. One way to do this is by streamlining the credit transfer process and expanding access to credit for prior learning. Our recent paper, The Costs of Today’s College Credit Transfer System for Learners and the Mindsets and Practices That Reduce Them, estimates that learners who transfer to a private institution may accrue more than $26,000 in additional costs and those transferring to a public institution more than $13,000. https://lnkd.in/e2BbhDzF #highered #todaysstudents
