|Weekly News Digest
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Cengage Looks at the Experiences of Recent College Graduates
Cengage published “Graduate Employability Report,” which shares the results of a survey of 1,600 recent graduates of 2- and 4-year colleges who were asked about graduate employability, education ROI, and degree stigma.
“As more students question the value of a degree, colleges, universities and the partners that support these institutions, need to invest as much in job-ready skills, such as effective communication and people management, as they do traditional academics,” says Michael Hansen, Cengage’s CEO. “There is an opportunity to evolve the current systems of higher education and integrate career preparation, certification(s) and internships into course curricula.” In addition, he says, “A traditional degree path is not a reality for many Americans and four-year degree requirements can penalize applicants who follow untraditional education paths. By prioritizing skills not just degrees, business leaders have an opportunity to remove existing barriers, helping to close labor shortages and boost our economic recovery.”
Findings include the following:
- Half of graduates (50 percent) didn’t apply to entry-level jobs because they felt underqualified
- One in five (21 percent) say their college didn’t provide them with needed job skills; nearly two in five (38 percent) occasionally or rarely use the skills they learned
- Nearly half of graduates don’t believe their education was worth what they paid, and one in three don’t believe their education helped them land their job
For more information, read the press release.
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