Generation will be reaching retirement age in large numbers

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Over the next decade, the Baby Boomers generation will be reaching retirement age in large numbers. From this, the United States will be enduring one of the utmost signi?cant and vital demographic change in its history. This demographic change has some imperative inferences for the role of higher education as a benefactor of lifelong learning and for the shifting structure of higher learning institutions.

Since there has been a great need to seek out more information on the educational need for the Baby Boomers, Cruce and Hillman (2012), conducted a study utilizing statistics and facts from the 2005 National Household Education Survey. Alongside the 2005 National Household Education Survey, the econometric modeling was used to observe the characteristics of older adults. These individuals were elected to take part in formal coursework for individual interest or occupational motives.

Reference no: EM132223484

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