Changing the Game in the Workplace and in the Classroom: Doctoral Degrees Matter to Millennials
May 10 2016 - 7:02AM
Business Wire
University of Phoenix® School of Advanced
Studies survey finds largest generation in America’s workforce
places high value on doctoral degrees compared with generational
counterparts
Millennials represent the largest generation in the U.S.
workforce today1 and are known for placing value on team
collaboration and workplace flexibility. They also place strong
value on their education, and have outpaced educational attainment
of previous generations2. In today’s increasingly competitive job
market, it may not be much of a surprise that millennials say
advanced education is valuable to their careers. When it comes to
the perceived value of a doctoral education in the workforce, 78
percent of millennials agree that professionals with doctoral-level
education are perceived as superior in the workplace, compared with
67 percent of U.S. adults overall, including Gen Xers and baby
boomers, according to a recent survey by Harris Poll commissioned
by University of Phoenix® School of Advanced Studies.
“Many millennials entered the workforce in a post-recession
economy, where the perception of a bachelor’s degree shifted from
being a ‘nice-to-have’ to being a requirement to start their
careers,” said Hinrich Eylers, Ph.D., executive dean for University
of Phoenix School of Advanced Studies. “It is arguably more
important than ever before to provide advanced education that is
calibrated with the needs of today’s economy and employers. At
University of Phoenix, our doctoral curriculum is designed to teach
research for real life so that doctorate-level education delivers
value to the workplace for this new generation of workers and the
future workforce.”
Doctoral degree the new master’s degree? Maybe so, according
to millennials
While most U.S. adults today still agree that employers place
the greatest value on master’s and bachelor’s degrees (32 and 24
percent respectively), they see the potential of a doctoral degree.
Seventy percent agree that obtaining a doctoral-level education can
open up a wide variety of career options outside of academia.
Again, millennials overwhelmingly agree, with 74 percent saying
doctoral-level education can open a wide variety of career options
and 78 percent agreeing that doctorally educated employees are
valuable to an organization’s success.
To learn more about the degree programs offered by the School of
Advanced Studies, visit phoenix.edu/schoolofadvancedstudies.
For general information about University of Phoenix programs,
including on-time completion rates, the median debt incurred by
students who completed the program and other important information,
please visit phoenix.edu/programs/gainful-employment.
Methodology
A national sample of 2,015 U.S. adults aged 18 and older
completed this survey online, conducted by Harris Poll on behalf of
University of Phoenix School of Advanced Studies, from March 8–10,
2016. Individuals who identified themselves as millennials (18–34
years old) totaled 483. For complete survey methodology, please
contact Becky.Frost@apollo.edu.
About the School of Advanced Studies
School of Advanced Studies is home to doctoral programs at
University of Phoenix and develops leaders who create new models
that explain, predict and improve organizational performance in
their fields. The practitioner degrees offered through the School
of Advanced Studies at University of Phoenix are designed around
the Scholar, Practitioner, Leader™ Model, incorporating lifelong
learning (scholarship), social and workplace contribution
(practice), and the ability to exert positive influence
(leadership). More information can be found at
www.phoenix.edu/schoolofadvancedstudies.
About University of Phoenix
University of Phoenix is constantly innovating to help working
adults move efficiently from education to careers in a rapidly
changing world. Flexible schedules, relevant and engaging courses,
and interactive learning can help students more effectively pursue
career and personal aspirations while balancing their busy lives.
As a subsidiary of Apollo Education Group, Inc. (Nasdaq:
APOL), University of Phoenix serves a diverse student population,
offering associate, bachelor’s, master’s and doctoral degree
programs from campuses and learning centers across the U.S. as well
as online throughout the world. For more information, visit
www.phoenix.edu.
1 Pew Research Center: Millennials surpass Gen Xers as the
largest generation in U.S. labor force
2 Pew Research Center: How Millennials today compare with their
grandparents 50 years ago
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version on businesswire.com: http://www.businesswire.com/news/home/20160510005475/en/
University of PhoenixBecky Frost,
602-557-8638Becky.Frost@apollo.edu
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