Too Expensive

‘It’s too expensive, learners don’t know where to start, and don’t know enough about digital credentials’

Report: IBM survey finds many misconceptions and questions around STEM training
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Six out of ten workers worldwide say they’re in the market for a new job and there is a huge interest in STEM careers. However, there are a lot of questions and misconceptions about the right pathway to attaining those jobs, according to a new survey from IBM and Morning Consult.

“Learners and workers around the world are planning to make a change, with about 60% of respondents looking for a new job in the next 12 months,” says IBM.

Here’s the breakdown.

  • 61% of students and career changers are actively looking for a new job now or plan to within the next year
  • More than 80% of all respondents have plans to build their skills in the next two years
  • At least 90% are confident they can develop skills or learn something new from an online program

The biggest misconceptions around switching to in-demand STEM careers is that training is “too expensive, learners don’t know where to start, and don’t know enough about digital credentials,” according to the survey of 14,000 students, career changers, and job seekers in the United States and 15 other countries.

Here’s the breakdown.

  • 61% of respondents think they are not qualified to work in a STEM job because they don’t have the right academic degrees
  • 40% of students say the greatest barrier to professional or technical skill development is that they don’t know where to start
  • 60% of respondents worry that digital credentials may be costly to obtain
  • Being able to continue to work while earning a credential is particularly important to career changers

The survey was released along with the news of 45 new partners being added to the global IBM SkillsBuild initiative.

The new collaborations will make free online learning widely available, with clear pathways to employment, explains IBM. Many of the organizations they are working with will help “skill women, including mothers returning to the workforce, ethnic minorities, low-income individuals, and refugees.”

“Technology training can have a transformational effect on a person’s life,” says¬†Justina Nixon-Saintil, IBM Chief Impact Officer. “There are many misconceptions about what’s needed to pursue a rewarding and lucrative career in today’s rapidly advancing workplace. This is why we must raise awareness of the breadth of science and technology roles that exist across industries.”

You can read more on the survey and announcement here.