Rising tuition rates, an evolving job market and an increasing emphasis on real-world experience over traditional credentials have led many students to question whether a college degree is truly worth the investment. High costs have students considering cost-cutting measures in greater numbers, and many worry they won’t earn a salary that justifies the price.

A recent survey by AYTM on behalf of VitalSource explored these sentiments and found that only 34% of students rate the value of a higher education degree as “high,” despite projections that 72% of jobs will still require postsecondary education by 2031.

The research, which evaluated responses from over 1,000 U.S.-based respondents currently or recently enrolled in higher education courses, is the basis for a newly published report, “Digital Tools and the Modern Learner,” which highlights notable findings and insights. Overwhelmingly, the expense of higher education is seen as burdensome, according to 82% of respondents who are moderately to extremely concerned about the overall cost of postsecondary academic experiences.

An evaluation of the impacts of today’s learning environment on the perceived value of higher education indicates students are open to change. Institutions looking to drive that change and meet the expectations of modern learners must prioritize affordability, accessibility and career readiness. One of the most effective ways to achieve this is through the integration of digital learning tools and artificial intelligence (AI) powered education technologies, which are transforming learning experiences and helping institutions stay relevant in a rapidly changing landscape.

Growing Skepticism on Both Sides of the Learning-Hiring Equation

Today’s students face unprecedented challenges. With tuition rates steadily climbing, many students now work part-time or full-time jobs while maintaining rigorous academic schedules, adding layers of time pressure. Additionally, the job market increasingly prioritizes hands-on experience and technical skills, indicating that a degree alone may not be enough.

Employers reinforced this possibility by pointing to a significant skills gap — 58% of hiring managers say new graduates lack the professional acumen needed to succeed in today’s workplace.

Read the full article about digital learning in higher education at Higher Ed Dive.