AI fears drive some young adults to grad school — 'People shelter in higher education,' expert says
Tips
- Typically, enrollment in graduate school increases during recessions as workers seek to advance or to move to another industry with better career prospects or pay.
- Today, more people in a survey said they plan to go back to school within a year, even though the economy is doing well.
- Experts say young adults are exploring this option largely because they are worried about their job prospects despite the economy.
As artificial intelligence restructures the workforce and reduces the number of entry-level opportunities, an alternative is emerging for recent college grads struggling to find jobs: going back to school.
Nearly 78% of those who are considering graduate school said they plan to enroll in a program within 12 months, according to a new Jenzabar/Spark451 survey, up from 69% who expressed similar plans a year earlier.
Typically, enrollment in graduate school increases during economic recessions as workers take steps to "skill up" or move to another industry with better career prospects or pay.
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