Research shows that students who engage with experiential learning, typically work-based learning, benefit greatly from the experience. They gain a deeper understanding of the subject matter that they are learning in the classroom, improve their knowledge retention, and begin to grasp the broader picture of their chosen field and how different parts fit together, rather than simply memorizing facts.
The National Association of Colleges and Employers (NACE) surveyed early career professionals who graduated in 2021, 2022, and 2023 and found that overall, just over four out of five, or 87 percent of early career professionals in that study reported engaging in some type of experiential learning. This included internships, externships, apprenticeships, co-ops, study abroad, faculty-led research projects, on-campus student work, practicum (or clinical) experiences, and micro internships.
Those who took part in experiential learning while in college experienced the following benefits:
- Faster than expected career progression;
- Higher rates of career satisfaction;
- Higher rates of having a mentor in the workplace;
- Higher rates of having a network to draw upon; and
- An average of $15,000 more in their salaries.