Millennials, also known as Generation Y, have grown up in the era of technology. With the internet always at their fingertips, it’s no wonder they have adapted to learning differently than the generation that came before them. Educational institutions are beginning to take note of this however they are not adjusting quickly enough. Generation Z is only just around the corner from entering into higher education, and they will be even more plugged-in than the Millennials. So what are the Millennials doing to change higher education and what do these educational institutions need to do to adjust for the future?
Increase in the Popularity of Master’s Degrees
Millennials are not satisfied with just an Associate’s or a Bachelor’s degree anymore. With limited job opportunities awaiting these [people] when they finish their undergrad, many are opting to stay in school to complete a Master’s program before entering the real world.
According to Pew Research Center, professionals with a Master’s degree are earning 23% more today than their counterparts back in 1984. In comparison, those who only hold a Bachelor’s degree have seen an increase of just less than 13%. Bottom line: if a Millennial has their goals set on earning more money in their career, they are going to be looking for a Master’s program.
A Comfort in Online Learning
Some may argue that today’s youngsters know more about the internet than we do. With that, there is no surprise that they find learning online to be comfortable and natural. Roughly 6.7 million students are taking at least one online class during their time in college. And that doesn’t account for all the classes they’re taking that use online portals such as Blackboard to submit work, collaborate with classmates, and even complete quizzes or exams. Millennials have helped build this switch from learning in the traditional classroom setting to online, and Generation Z will demand it.
Getting Millennials to participate in the traditional classroom setting can be difficult. The flipped classroom allows the student to become the teacher, encouraging high involvement and collaboration with their classmates. According to a study performed by NYU, the retention rate of students soared to 90% when they were put in a teaching role. The flipped classroom puts students in control of their educational journey and provides a more hands-on learning perspective.