Employers Express Confidence in Colleges and Universities, Endorse Applied and Project-Based Learning as the Best Preparation for Career Opportunity and Long-Term Success
Washington, DC—The Association of American Colleges and Universities (AAC&U) released today a report by Hart Research Associates, “Fulfilling the American Dream: Liberal Education and the Future of Work.” The report summarizes selected findings from two parallel national surveys—one of business executives and one of hiring managers. On August 28, AAC&U will deliver a webinar describing the report results and their implications for higher education. Consistent with findings from six earlier surveys commissioned by AAC&U as part of its ongoing Liberal Education and America’s Promise (LEAP) initiative, employers overwhelmingly endorse broad learning and cross-cutting skills as the best preparation for long-term career success.
The college learning outcomes that both business executives and hiring managers rate as most important include oral communication, critical thinking, ethical judgment, working effectively in teams, working independently, self-motivation, written communication, and real-world application of skills and knowledge.
“Employers are clear on the value of college and the importance of advancing excellence and student success in higher education,” said AAC&U President Lynn Pasquerella. “We look forward to working together with institutions and employers to achieve our shared objectives around advancing liberal education, quality, and equity in service to democracy.”
National Survey of Business Executives and Hiring Managers: Key Findings
Business executives and hiring managers express a higher degree of confidence in colleges and universities than does the American public. Among both executives and hiring managers, 63 percent express a great deal or quite a lot of confidence in colleges and universities—a notably higher proportion than among the general public. In a January 2018 Gallup poll, 45 percent of adults nationwide expressed a great deal or quite a lot of confidence in colleges and universities.
- Employers agree on the value of college: 82 percent of business executives and 75 percent of hiring managers agree on the importance of college completion. When asked if a college degree is worth the time and money involved, 88 percent of business executives and 85 percent of hiring managers said it is “worth it.”
- Employers indicate broad satisfaction (71 percent of business executives and 74 percent of hiring managers) with recent graduates’ ability to apply the skills and knowledge they learned in college in the workplace. However, while nearly 60 percent of business executives and hiring managers believe that most recent graduates have the skills and knowledge to succeed in entry-level company positions, only half as many (34% of business executives and 25% of hiring managers) believe that graduates are similarly prepared to advance beyond the entry level.
- When hiring recent college graduates, employers place a high priority on demonstrated proficiency in a variety of skills that cut across majors. Of 15 outcomes tested, ability to effectively communicate orally, critical thinking/analytical reasoning, ethical judgment and decision-making, and ability to work effectively in teams are among the most highly valued by employers. More than 8 in 10 employers give these outcomes a rating between 8 and 10 on a 10-point scale.
- Employers indicate that participation in applied and project-based learning experiences gives recent college graduates an edge. Among business executives surveyed, 93 percent would be much more likely to hire a graduate who had an internship or apprenticeship with a company or organization—and 94 percent of hiring managers agree regarding the value of internships and apprenticeships.
For copies of the report, email Carrie Johnson (firstname.lastname@example.org).
AAC&U is the leading national association dedicated to advancing the vitality and public standing of liberal education by making quality and equity the foundations for excellence in undergraduate education in service to democracy. Its members are committed to extending the advantages of a liberal education to all students, regardless of academic specialization or intended career. Founded in 1915, AAC&U now comprises 1,400 member institutions—including accredited public and private colleges, community colleges, research universities, and comprehensive universities of every type and size.
AAC&U functions as a catalyst and facilitator, forging links among presidents, administrators, faculty, and staff engaged in institutional and curricular planning. Through a broad range of activities, AAC&U reinforces the collective commitment to liberal education at the national, local, and global levels. Its high-quality programs, publications, research, meetings, institutes, public outreach efforts, and campus-based projects help individual institutions ensure that the quality of student learning is central to their work as they evolve to meet new economic and social challenges.
About Liberal Education and America’s Promise (LEAP)
Liberal Education and America’s Promise (LEAP) is a national advocacy, campus action, and research initiative that champions the importance of a twenty-first-century liberal education—for individuals and for a nation dependent on economic creativity and democratic vitality. LEAP responds to the changing demands of the twenty-first century—demands for more college-educated workers and more engaged and informed citizens. The Presidents’ Trust is a leadership group within the LEAP initiative. The trust consists of presidents from all sectors of higher education who are committed to advocating for the vision, values, and practices that connect liberal education with the needs of the twenty-first century. The mission and work of the Presidents’ Trust are grounded in the LEAP Essential Learning Outcomes.