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university education at university Hawaii Our 10 campuses offer a great return on investment, regardless of degree type, and have become more affordable over the past decade. ah Economic Research Organization (woo hero) Report published on January 16, 2024. We use census data. ah student, woo hero Researchers found that lifetime earnings are:
- $2.8 million for those with a bachelor’s degree, 27% more than those who complete the program without a degree.
- $2.7 million for Associate Professor of Science (as) and Associate of Applied Science (AAS) degree holders are 22% more likely to graduate than those who graduate without a degree.
- 33% higher rate for certificate holders compared to those who dropped out without completing the program (9 years after graduation)
An associate degree in literature earns an additional bachelor’s degree, but with lower community college tuition, further increasing financial benefits.
“The main takeaway is that despite the national view that a college degree is not a worthwhile investment, especially from American universities.” Hawaii Considering the campus, a college degree is definitely a worthwhile investment,” Rachel Enahuku said. woo hero Research economist and report author.
affordable price
woo hero It also found that although college tuition has increased significantly across the country over the past two decades, tuition remains within the national range, even after adjusting for inflation. ah Systems have become more affordable over the past decade.According to the report, in-state tuition is ah Taking into account rising inflation over the same period, campuses declined by 3-5% in real terms from 2013 to 2014.
“Our mission is to provide quality higher education to our people. Hawaii And the important thing is to keep it affordable.” ah Deborah Hulbert, vice president for academic strategy; “One of the things we’ve been working really hard on in recent years is to make sure that tuition doesn’t increase at the same rate as tuition increases in other states.”
Tuition fees will remain stable until 2027. ah Regents approved tuition freeze for everyone ah campus increased by 2% in ah Manoa, ah Hiro and ah West Oahu Scheduled for fall 2026 and fall 2027.
increase economic mobility
By utilizing data, ah The report also found that a college degree significantly increases economic mobility for individuals from low-socioeconomic households for students eligible for federal financial aid, particularly Pell Grants. . woo hero researchers say ah Earning a degree can eliminate labor market obstacles typically faced by this socio-economic group, including wages that are up to 15% lower than other groups.
“We believe that the university Hawaii “Children from lower socio-economic households have higher return rates because they are the primary drivers of intergenerational social mobility in the state,” Tim Halliday said. ah Manoa Professor of Economics; woo hero Researcher and report author.
To further assist students with demonstrated financial need, ah asking Congress to expand Hawaii We have promised a scholarship system to all 10 campuses. This scholarship covers direct costs of education not covered by federal grants or other scholarships and is currently available only to students who: ahseven community colleges.
of woo hero The report reaffirms decades of national data showing that college graduates typically earn more over their lifetimes. Live a longer, healthier life. Increased employment opportunities. High job satisfaction. They are less likely to lose their jobs during economic downturns. Less likely to require government assistance. Compare yourself to your peers who didn’t go to university, etc.
look woo hero report.
woo hero is housed in ah College of Social Sciences at Manoa.
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