New Poll Reveals Americans Value College Degrees Despite Rising Costs

A recent survey conducted by the Lumina Foundation and Gallup has shed light on the attitudes of American adults without a college degree towards higher education. Surprisingly, only 18% of these individuals believe that the price of tuition at four-year colleges is fair. Despite this sentiment, a significant number still recognize the importance and value of obtaining a college degree.
The poll, which surveyed nearly 14,000 participants aged between 18 and 59 last October, included a diverse group of respondents, including current college students, those who have started but not completed their degrees, and individuals who have never attended college. The findings indicate that while the overall perception of the value of college degrees has dipped by roughly 5% in the past year, the majority of respondents across various demographics still view at least one type of degreeeither an associate or bachelor'sas beneficial.
They understand that a degree can open doors for them and provide opportunities for better employment and improved quality of life, stated Courtney Brown, an executive at the Lumina Foundation responsible for the annual report. Its a paradox where people recognize the value of a degree, yet they find it increasingly challenging to attain one.
Additionally, the survey revealed that not all degrees are perceived equally. About 70% of adults without a college diploma regard a bachelor's degree as extremely or very valuable, while only 55% share the same sentiment about an associate degree.
This sentiment resonates with 22-year-old Sophia Ladios, a community college student from Palatine, Illinois, who is currently pursuing a degree in forensic science and criminal justice. Ladios plans to transfer to the University of Illinois Chicago to work towards a bachelor's degree in biological sciences after completing her associate degree. Achieving a bachelor's degree will elevate my career prospects in criminal justice, she explained. It opens up positions like sergeant, lieutenant, or commander within the police department, which are not options with just an associate degree.
Ladioss aspiration for higher education is deeply influenced by her family background. Growing up, I was always encouraged to pursue a four-year degree because my parents did not complete college themselves, she added. I value the bachelors degree far more than just settling for an associates.
In terms of financial outlook, the poll revealed that 58% of respondents believe that the investment in a college education will yield positive returns within five years of graduation. Furthermore, nearly 90% are optimistic that the benefits will be realized within ten years, regardless of whether they have taken out student loans. Brown remarked, Its encouraging to see that people feel confident about a return on their educational investment.
Respondents who are actively enrolled in bachelors programs expressed a high level of satisfaction with their education; 72% rated the quality of their education as excellent or very good. Similarly, 65% of those pursuing associate degrees echoed this positive sentiment. Almost half of the current college attendees indicated they are very confident that their education will equip them with job-related skills necessary for securing fulfilling employment.
When it comes to affordability, Americans without a college degree are more inclined to recognize community colleges as a cost-effective option. The survey found that 40% perceive two-year colleges as charging a fair price, while only 18% believe the same about four-year institutions. With community college programs typically costing significantly less than four-year degrees and often located closer to students residences, they represent a practical choice, particularly in alignment with local job markets.
Bridgett Strickler from the Council for Adult and Experiential Learning advocates for these community college programs, stating, Adults returning to education are making smart decisions by enrolling in two-year programs. It saves them both time and money, which are critical factors in the decision-making process.
In conclusion, the findings of this poll underscore a complex relationship between Americans and higher education, marked by an enduring belief in the value of college degrees despite growing concerns over affordability.