The 2024 Workforce Education Motivations Report delves deeper into the preferences and motivations of the modern workforce, revealing three key findings that underscore the importance of employer-funded education: Workers crave academic credentials without student debt: Given two choices, 72% of employees would prefer "to pursue an online degree while working, with tuition fully paid for by their employer” versus opting "to pursue an in-person degree program, paying for tuition with their own funds and/or student loans.” This preference is strong among younger workers, challenging the belief that Gen Z favors in-person learning.
Over 80% of U.S.workers under age 45 report wanting debt-free, career-advancing education from their employerLOS ANGELES, Aug.15, 2024 (GLOBE NEWSWIRE) -- Demand for employer-funded education programs is on the rise according to a new survey report from InStride, a human capital management provider of workforce education solutions.
A deeper look at the rising demand for debt-free career advancement The report uncovers that U.S.workers across demographic groups are turning to employers for access to education, driven by tuition costs that have risen twice as fast as inflation over the past 40 years.
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