Acumen Insights

Millennials Value College Education Despite High Price

By November 20, 2015 No Comments

Millennials (born 1981 to 2004) are spending more for college than did Gen X (those born 1964 to 1980), but a survey from Credit Sesame shows they have a more positive opinion of higher education. Millennials recognize the tremendous value of a four-year degree in the workforce today and are paying closer attention to what they study. More than twice as many Millennials said salary was an important factor in selecting a major (33 percent vs. 14 percent for Gen X) and, when asked if college is worth the price, 76 percent of Millennials said yes whereas only 68 percent of Gen X agreed.