Making the Grade: Eight in 10 Executives Believe a Parent Cares More About Their Child Getting into a Top-Tier School Than the Student Does, According to Korn Ferry Survey
-Nearly Three-Quarters Say a College Degree is Worth the Price-
-When Evaluating College Grad Candidates, Executives Care More about Hunger/Hustle than The School They Attended-
More than three-quarters (81 percent) of respondents say that a parent cares more about getting into a top tier-school than the student.
Parents are also willing to work to get their students accepted. Ninety-nine percent of executives say parents should be involved in the college application process, with 40 percent saying they should be heavily involved.
“In today’s society, many parents don’t give their children the chance
to do their own work, and more importantly, let them fail sometimes,”
For most executives, college is must-do for their children. Nearly three-quarters (68 percent) said they would not be okay with their child’s decision to forego higher education. And even with the skyrocketing costs, 73 percent say a college degree is worth the price.
The acceptance process is flawed in the minds of the respondents. Nearly two-thirds (61 percent) say the way colleges choose who gets in is unfair.
Interestingly, even though executives say parents put such a high emphasis on college for their own children, a job candidate’s college background doesn’t seem to be as critical when executives consider who they hire. Eighty-three percent say hunger/hustle is more important in a candidate than the caliber of the university they attended.
When hiring entry to mid-level talent, 86 percent say previous work experience is more important than the university from which the candidate graduated.
And even with a degree, executives don’t feel that entry-level candidates are prepared. Only 43 percent say college grads have the skills and training needed to do the job.
“Getting admitted to a university is just the first step in a long
process of succeeding in the higher education experience,” said
About the survey:
Who do you feel generally cares more about getting into a top-tier school?
|The student||19 percent|
|The parent||81 percent|
How much involvement should a parent have in helping their children apply to and select colleges?
|No involvement||1 percent|
|Little / some involvement||59 percent|
|A lot of involvement||40 percent|
Do you think the process colleges/universities use to select candidates is fair?
Would you agree with your son or daughter’s decision not to pursue a college degree?
Is getting a college degree today worth the investment?
When evaluating a candidate for an entry to mid-level role, what is more important, previous work experience or the college they attended?
|Previous work experience||86 percent|
|College they attended||14 percent|
When hiring a college graduate, what is most important?
|Pedigree/caliber of the college they attended||17 percent|
Do college graduates today have the appropriate skills/training to be in the workforce?
Is a college degree overrated?
Is a college degree more important or less important today than five years ago?
|More important||56 percent|
|Less important||44 percent|