The landscape of higher education is shifting. While enrollment trends remain crucial matter to sustained financial success, a spotlight is being cast on a growing population: adults with unfinished degrees. In 2024, expect higher education institutions to pivot, prioritizing degree completion and addressing the millions with stalled academic journeys.

(Strada Education Network)

Completing a degree can significantly boost student earning potential. An unfinished bachelor’s degree already increases average annual income by $12,000 compared to a high school diploma. Finishing it could further bridge the economic divide (Georgetown University Center on Education and the Workforce). Unfinished degrees are disproportionately concentrated among low-income, minority, and first-generation students. Completion initiatives create fairer access to career opportunities and social mobility.

And as automation and globalization reshape the workforce, a skilled and educated population is crucial. Completing degrees fills critical job openings and drives innovation.

In 2024, higher education’s evolution beyond enrollment numbers is inevitable. By focusing on degree completion, institutions can unlock the potential of millions, boost the economy, and create a more skilled and equitable workforce. This is not just a trend; it’s a turning point for the future of education and opportunity.