WAKEFIELD, MA -- 10/14/09 --
Avenue100
Media Solutions, Inc., a growing digital marketing company, announced
the findings of a recent survey conducted through the company's flagship
Web property, CourseAdvisor.com. Approximately 1,800 respondents
participated, and 43 percent overwhelmingly cited the ability to pay for
school as their top concern. In addition, the data revealed that selecting
a degree program weighs on earnings potential, flexibility, and the option
to make a career change, but the order of importance differs by both age
and gender.
Age in particular is an evolving factor in school enrollment. According to
the U.S. Department of Education, more than one third of individuals
studying for an associate's degree or higher were 25 and older in 2007 and
this number is expected to grow by 20 percent by 2017. The survey supports
this trend -- 69 percent of respondents were 25 and older.
Key findings from the survey include:
-- While both men and women are equally concerned about how to pay for
college (43 percent), 18 percent of women are also worried about
finding a program that "fits their needs," while 21 percent of men
prefer to make sure it's the "right career path."
-- While zero percent noted that they visit school Web sites directly for
degree and financial aid information, an astounding 36 percent cited
search engines as their primary tool for finding such information.
-- However, 42 percent of respondents found information from career
experts, financial aid professionals, and school administrators most
helpful when seeking information about degree programs.
-- In addition, 40- to 50-year-olds rely on government Web sites for
information on financial aid two times more than those under 24 years
old.
-- The most important criteria for selecting a degree program varied
widely depending on age:
- Those under 25 years of age focused on the ability to
"make money"
- Criteria for 25- to 30-year-olds addressed the need for a career
"change"
- Respondents over 40 years of age noted "flexibility" as their top
preference
"As the survey data depicts, people are looking for more than just standard
information on degree programs and financial aid resources. Rather, they
are seeking individualized data based on their stage of life, gender, or
age. Unfortunately, it can be overwhelming to search the Internet for such
relevant, personalized information," noted Brian Eberman, CEO of Avenue100.
"Likewise, higher education institutions and financial aid providers are
often unsure of how to find and attract prospective students via the Web.
With our network of education-focused Web properties, Avenue100 offers the
direct access to schools and institutions that consumers demand while
helping our partners identify the students who are most appropriate for
their programs."
About Avenue100 Media Solutions
Avenue100 Media Solutions, Inc. is a leading analytics-based performance
marketing company that helps institutions acquire qualified customers. A
Washington Post Company,
Avenue100 operates a network of Web properties, including
CourseAdvisor.com, EducationGrant.com, OnlineDegreeFinder.com, and the
Washington Post education site, which collectively generate hundreds of
thousands of leads per month. Learn more at www.Avenue100.com.
MEDIA CONTACT:
Julie Crotty
Email Contact
Erica Camilo
Email Contact
BluePoint Venture Marketing for Avenue100
781-861-7800