Compensation Management News
State:
Category
Topic *Please pick a topic
Free Special Resources
Get Your
FREE Special Report. Download Any One Of These
FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free
Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.
Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.
Download Now!
June 26, 2001
Middle-aged Drawn to Grad Schools
ThoFor a Limited Time receive a
FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with
customized information for your industry, location, and job.
Get Your Report Now!
About 24.4 percent of respondents in the Educational Directories Unlimited poll were in the 36-to-50 group, while the commonly assumed age for graduate school matriculation, the 23-to-28 demographic, represented 29.1 percent of the respondents.
Correspondingly, career advancement ranked ahead of personal gratification, better paying jobs, and field of study requirements when searching for graduate schools.
"Graduate school has quickly become the preferred avenue for career advancement," said Mark Shay, president and founder of EDU. "That desire to break through the glass ceilings and move up in corporate hierarchy is leading many middle-aged Americans to turn to the Internet in an effort to quickly find those programs that can best accelerate and optimize their career opportunities."
The survey polled users of EDU's Gradschools.com throughout March 2001.
Nearly 48 percent of all survey respondents reported career advancement as the reason for continuing their education beyond undergraduate studies, far outpacing the second-leading reason of personal gratification (19 percent).
The other two most popular explanations for attending graduate school were because their fields of study required an advanced degree, while approximately 11 percent said they hope the degree translates into a better-paying job.