Why Millennials are Ditching School Tuition for Online Education

While traditional learning is the most common way to develop a career, millennials are now ditching school tuition for online education. Online education has taken over the world, and millennials took over online education or e-learning by storm.

Of course, a degree holds great importance in building a career and is still considered the vital starting point for many to get a place in professional designations. Though young adults are working hard to pursue a degree, it is misleading to say that a degree is required to succeed. Millennials on the side are saying “no” to the traditional education system and choosing online education to learn new skills and build a career.

But, Why Is Online Education Popular Amongst the Millennial Generation?

Let’s take a look at some key reasons millennials are adopting online education and skipping college.

●       Millennials Work Differently

For the older generation (or baby boomers), finding a job right after completing higher education and staying in the same employment for more than 30+ years is considered a successful career plan. Though this career path was successful for them, Millennials prefer to change jobs after three years, and they are pretty flexible to change their entire career.

As millennials are flexible to hop from job to job and even career, they demand the constant supply of new skills and knowledge which they can achieve via online education. Millennials seek opportunities to learn emerging trends and acquire hands-on training to switch between careers.

Furthermore, some millennials prefer to keep their current job and learn new skills for future high paying jobs by obtaining online training and education in different fields. From free IT online certification training to professional writing training, millennials are turning to inexpensive online education platforms to continue their education.

Additionally, many Millennials prefer to start their own business or choose freelance over traditional employment.

●       Millennials Want to Save Money

As millennials are aware of the expensive college fees and tuition and growing student loans, millennials have been searching for different ways to cut costs.  That is why online education is the go-to way for millennials to pursue education. Online education is not only inexpensive but students are not required to travel thus saving travel expenses and are not required to pay campus fees. They can attend an online class from the comforts of their home.

Additionally, millennials can work in the free hour to earn extra cash.

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●       Side Business

Online education allows millennials to start their own side business. Starting a side job could come with several reasons, but the skills required for starting a side job or owning small business demands skills achieved via online education. Online education teaches them the actionable techniques and skills to start, market, generate revenue and continue to grow their side business. It’s not a hidden truth that many entrepreneurs possess no traditional educational background and have gained fundamental knowledge from online education. Furthermore, a typical university education cost so much that the graduate is weighed down by serious student loan debt, which makes it hard for them to find a part-time job and pay their bills. 

For millennials, spending years and years in a university to earn a degree and then seek a career no longer holds any appeal. Moreover, employers currently expect individuals with the skills needed to make valuable contributions to the company. Even organizations are not spending much time in training an employee and are more inclined towards hiring an expert who has prior technical skills and who can contribute significant ideas.

●       Exploring Advanced Learning Opportunities

Gone are the days where education was about spending long hours going to one lecture after another. Millennials seek new and fun learning opportunities, and these can be achieved through online education that is less theoretical and more interactive. Millennials are more involved and can get one-on-one courses with the course instructor.

As the millennial generation is always looking for new ways to gain knowledge, online education gives tremendous flexibility to schedule classes. They can even go for the self-paced learning programs that offer them extra free hours to pursue other creative hobbies or more time to hone skills. This also gives them more chances to stay up-to-date with their skills.

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●       Millennials Are Tech-Savvy

Millennials are tech-savvy and technologically skilled as they have grown up around computers and other technology. The availability of mobile phones and laptops made it possible for them to hone technical skills and establish a basic IT education. And many still choose to enroll in free IT certification training online to polish their skills or learn something new. It won’t be wrong to say that online education or e-learning has made it possible for millennials to become tech literate.

Accessibility to online learning and other social networks has also made IT easy for them to evolve, learn and grow. Furthermore, millennials prefer to use digital content over traditional ways to educate and train.

●       On-Time Student Loan Payment

Many millennial students prefer to work while completing education to earn and pay for bills and student loans. They are aware of the fact that a college degree is not for everyone, and they prefer to complete their education from the comfort of their home while having extra time to earn and save money.

They prefer to create a school and work balance and dedicate more time to their hobbies, business goals and paying bills.

Our Take

Millennials understand that to live, thrive and grow in a fast pace world, they need to have fundamentals education as well as skills to join the workforce. Constant learning and trying out new trends are needed for millennials, and online education has made it easy for them to achieve this all. As online education can be accessed from anywhere, provided you have the right tools, online education institutions should construct their courses to give them an out-of-the-box learning experience. Live online classes should be conducted to improve face-to-face communication.