The desire to make different education decision varies by the type of institution individual attended. Individuals who received their degree from the most selective public and private four-year schools are the least likely to indicate they would change their education decisions. Meanwhile, adults who attended for-profit, certificate-granting institutions, private nonprofit two-year schools and for-profit two-year schools are most likely to say they would change at least one of their education decisions.
As might be expected, the relationship between a desire to change education decisions and student loan amount is concentrated among those who would change which institution they attended – since the cost of attendance varies substantially across different higher education institutions.
Regardless of their age at the time of graduation, few bachelor’s degree holders would pursue a different degree. However, those aged 30 or older at the time of their graduation are less likely than those under age 30 at the time of their graduation to say they would pursue a different field of study.