Is College Worth It?
A Survey of 老澳门六合彩开奖记录 Alumni
In the past few years, the national conversation has turned to both the value, not to say the return-on-investment, of a college education. At St. Norbert, we decided that we wanted a concrete answer to that question – at least from the perspective of our own graduates.
Our survey targeted those of our alumni who graduated between 1983 and 1998 – which is to say, those who have been out long enough to have become established in careers, and who are likely still pursuing those careers.
Respondents
- 419 alumni (15% of sample) responded to the survey
- 61% were female
- 38% were male
- 57% graduated 1990-1999
- 43% graduated before 1990
- Among the largest number of majors represented among the respondents were: Business 25%; Communication 12%; Accounting 8%; Education 7%
- 85% of respondents described themselves as middle class (37%) or upper middle class (48%)
- 91% were currently employed
- 82% said their position requires a college degree
- 38% described their occupational field as Management, business, or financial; 34% as Education, legal, community.
Responses
Important roles for colleges and universities?
- 85% rated Teaching students to think critically as “Very Important.”
- 71% rated Providing broad-based education as “Very Important.”
- 69% rated Providing skills/knowledge valuable in working world as “Very Important.”
Single most important reason to get an education beyond high school? (Top choices)
- 36% Learn to think critically
- 32% Get a good job
- 27% Become a well-rounded person
Importance of college degree for future financial security?
- 54% Very important
- 31% Extremely important
Amount of money borrowed to finance 老澳门六合彩开奖记录 education?
- 23% None
- 18% <$10,000
- 29% $10,000-$19,999
- 16% $20,000-$19,999
- 15% $30,000+
Time needed for self (and partner/spouse) to repay student loans?
- 11% < 3 years
- 27% 3-5 years
- 44% 6-10 years
- 18% >10 years
Extent to which paying back student loans affected ... ? (percent reporting “Great Extent”)
- 74% delay in getting married
- 70% delay in beginning family
- 65% choice of career
Usefulness of undergraduate education in helping to ... ? (percent reporting “Great Extent”)
- 73% increase knowledge and intellectual growth
- 72% mature as a person
- 57% understand and relate well to others
- 48% prepare for job/career
- 43% shape beliefs and values
- 37% grow spiritually/morally
Rating of the job that the higher education system does in providing VALUE for money spent:
- Excellent 7%
- Very Good 25%
- Good 35%
- Fair 20%
- Poor 8%
- Unsure 5%
Rating of the job 老澳门六合彩开奖记录 does in providing VALUE for money spent:
- Excellent 22%
- Very Good 31%
- Good 26%
- Fair 13%
- Poor 1%
- Unsure 8%
Nov. 13, 2014