2017 August GrayReports - Student and Employer Demand Trends

Posted by Mark Keleher on Oct 2, 2017 3:08:24 PM

Every month, Gray releases the latest student and employer demand trends in higher education.  Here are a few of the trends from August of 2017 that we released in September:

  • Online rebounded and remains a bright spot in demand for higher education. 
    • Inquiries inched down just 1% vs. a very strong month in 2016. 
    • Conversions rose 89% in May, are up for June and July, and will get better. 
  • Interest in on-ground programs continued a steep decline. 
    • Inquiries fell 12% year-over-year. 
    • Conversion fell 10% year-over-year. 
  • Budgets are shifting from trades programs to degreed programs. 
  • All large programs and cities were flat or down.
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Topics: 2017

2017 July GrayReports - Student and Employer Demand Trends

Posted by Mark Keleher on Sep 1, 2017 3:55:12 PM

Every month, Gray releases the latest student and employer demand trends in higher education.  Here are a few of the trends from July of 2017 that we released in August:

  • Overall student demand for higher education continued to decline 11%.
  • Our program of the month, Electrical and Electronics Engineering scores well using our student demand data and all three sources indicate growth.
    • Job postings data indicates a strong profession with many well-known employers and a median advertised salary of $89,000.
  • Two of the Big 5 programs grew year-over-year in July.
  • Conversions of April inquiries are 4% below last year's volume.
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Topics: 2017

2017 June GrayReports - Student and Employer Demand Trends

Posted by Mark Keleher on Jul 25, 2017 4:48:32 PM

Every month, Gray releases the latest student and employer demand trends in higher education.  Here are a few of the trends from June of 2017 that we released in July:

  • Overall inquiry volumes continue to decline 11%
  • Conversions of March inquiries are now 2% above last year’s volume
  • Some trends are strongly diverging by segment
    • Inquiries for on-campus programs fell 10%, while inquires for online grew 21%
    • Conversions for on-campus fell 14%, but online programs are up 91%
  • Human Services was the fastest-growing program
  • June’s Program of the Month was based on it’s strong employment opportunities
    • Operations Management and Supervision scores well using our employment data
    • It also appears to be a strong profession, with growing employer demand and many advertised salaries over $50,000
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Topics: 2017

2017 May GrayReports - Student and Employer Demand Trends

Posted by Mark Keleher on Jul 12, 2017 12:46:46 PM

Every month, Gray releases the latest student and employer demand trends in higher education.  Here are a few of the trends from May of 2017 that we released in June:

  • Overall inquiry volumes continued to decline 8%

  • External inquiries dropped 10%, and Branded inquiries also dropped 7%.

  • Medical Coding was the fastest-growing program.

  • Employment related to Public Relations has recently grown.

    •  Public Relations was also one of the fastest-growing programs in terms of Google Search Volumes. 

    • It also appears to be a strong profession, with many advertised salaries over $50,000

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Topics: 2017

2017 April GrayReports - Student and Employer Demand Trends

Posted by Mark Keleher on May 29, 2017 10:27:00 AM

Every month, Gray releases the latest student and employer demand trends in higher education.  Here are a few of the trends from April of 2017 that we released in May:

  • Overall inquiry volumes continue to decline 15%. 
  • But, a few trends are diverging by segment.
    • Student demand for on-campus programs fell 18%, while student demand for online programs grew 4%.
    • Conversions on-campus fell 17%, but online conversions are up close to 70%.
  • Mature Learners are an emerging segment with unusual interests. 
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Topics: 2017

2017 Webcast Series: Best Practices in Program Portfolio Evaluation - Running an Effective Program Portfolio Evaluation Process

Posted by Mark Keleher on May 8, 2017 1:45:00 PM

In the fourth episode of our webcast series on The Best Practices in Program Portfolio Evaluation, we shared a process that leads to high-quality program decisions, and ensures that these choices have the support of faculty and institutional leaders. 

Our team has facilitated this process at institutions across the country.  It combines a workshop with the best data on markets for higher education.  

Why has this process been successful?

  • Transparent - Enables a frank discussion of program metrics and scoring rubrics–and their limitations
  • Cross-Functional - Engages key stakeholders from the administration and faculty
  • Market Data - Provides all participants with relevant data on student demand, employer demand, and competition
  • Judgment - Encourages participants to use the data to inform their judgment, not to replace it
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Topics: Best Practices in Program Portfolio Evaluation

2017 March GrayReports - Student and Employer Demand Trends

Posted by Mark Keleher on Apr 24, 2017 2:02:00 PM

Every month, Gray releases the latest student and employer demand trends in higher education.  Here are a few of the trends from March of 2017 that we released in April:

  • Overall inquiry volumes continue to decline 8%. 
  • But, trends are strongly diverging by segment.
    • External inquiries dropped 15%, but Branded inquiries rose 8%.
    • Inquiries for on-campus programs fell 11%, while inquiries for online jumped 21%.
    • Conversions on-campus fell 20%, but online programs are up over 50%. 
  • Human Services continues to be the fastest-growing program.
  • Employment for Liberal Arts majors is more promising than thought.
    • Liberal Arts graduates are employed in many fields.
    • Median salaries for many programs are above the national average.
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Topics: 2017

2017 Webcast Series: Best Practices in Program Portfolio Evaluation - Competitive Intensity

Posted by Mark Keleher on Apr 18, 2017 2:17:00 PM

In the third webcast of our series on The Best Practices in Program Portfolio Evaluation, we shared insights on how to evaluate competition for new and existing academic programs.  

We highlighted the major datasets on competition and their pitfalls so you can effectively use them to inform your program decisions.  These metrics included:

  •   Completions Per Capita - Given its population, is this market more competitive than others? 
  •   Average Program Size - Are competing programs growing or shrinking? 
  •   Cost Per Inquiry - How intense is the keyword competition for this program?
  •   Change in Number of Institutions - Are other institutions entering or leaving the market?
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Topics: Best Practices in Program Portfolio Evaluation

2017 February GrayReports - Student and Employer Demand Trends

Posted by Mark Keleher on Mar 27, 2017 2:33:00 PM

Every month Gray releases the latest student and employer demand trends in higher education.  Here are a few of the trends from February of 2017 that we released in March:

  • Overall student inquiries are declining.
  • But, online education is continuing to grow.
  • Rapid growth in Post-Master's certificates continues.
  • Human Services continues to be the fastest- growing program.
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Topics: 2017

2017 Webcast Series: Best Practices in Program Portfolio Evaluation - Employer Demand

Posted by Mark Keleher on Mar 13, 2017 1:58:00 PM

In the second webcast of our 4-part series on The Best Practices in Program Portfolio Evaluation, we highlighted all of the sources your institution can use to evaluate employer needs for your graduates.  We also shared the limitations of each data source, so you can use them more safely.

Here is a summary from our live webcast on employer demand: 

  •    BLS data is readily available, but is dated and a weak indicator of trends.
  •    Job posting data is vital for trends in employment growth, skills and certifications. 
  •    Aligning labor market data (SOCs) with programs (CIPs) is hard and error-prone. 
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Topics: Best Practices in Program Portfolio Evaluation