Higher education attainment is linked to greater earnings potential and lower unemployment rates, but there are still factors at play that keep today’s working adults from pursuing higher education.
Today, less than one-third of U.S. adults ages 25 or older have a bachelor’s degree or higher, and a new University of Phoenix survey shows that while many U.S. working adults would like to go back to school and believe that it can be helpful in providing a better life for their family, time and financial barriers are holding them back from pursuing higher education.
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According to the survey, only 36 percent of U.S. working adults are very satisfied with their current level of education and nearly seven in 10 (68 percent) want to pursue more.
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