June 2007

n  MARKETING

Baby Boomers are Out, Gen X’ers are In:  A Generational Shift in Parents
Coming to Your Campus Soon
 

Helicopters, Snowplows and Bulldozers 1.: anyone in higher education administration knows this refers to parents, not machinery – those baby boomer parents who interfere, coerce, and threaten to get what they want for their children attending your college or university. As a business officer, you interact (read: negotiate) with parents on a daily basis over issues such as FERPA requirements, bill due dates, financial aid packages and using electronic billing and payment services. And just as you have finally mastered this demanding generation of parents, in comes the next generation: the Gen X parent, who is about make a move on your campus.


Baby Boomers are the post-World War II generation born between 1946 and 1960. A giant cohort of over 76 million men and women, they are now beginning to enter retirement with a vengeance. As the Baby Boomers retire and their children graduate from your institutions this spring, taking their place in the fall will be Gen X parents, who will offer up a host of new attitudes, beliefs and values that you are going to have to deal with.
 

Generation X’ers were born between 1961 and 1981, reaching 46 years of age this year. They were brought up in an era defined by major social change: women entering the workforce, divorce rates rising, fewer children with less social/physical freedom. As children, their social and family structure changed as quickly as they grew, leaving them characterized as skeptical, adaptable, pragmatic, “postmodern transitionals.” 2.


Unlike the Baby Boomers, many of whom went to college on a mission of peace, hope and free love, the Gen X student was faced with suddenly rising college costs in an inflation-rampant era, and soon learned what the present value of a college education really meant.


According to Dr. Mark Taylor, a social scientist who has become known to the higher education community through his “Generation NeXt Comes to College” presentation and writings, the new Gen X parent will demand more information of the business office delivered quickly and efficiently. They will ask more financial questions and will expect immediate answers on-line 24x7. “Gen Xers know how to use technology, and unlike their Gen NeXt kids, who use technology with their eyes closed but demand simplicity, Gen Xers use technology to find answers to their questions: to click through for deeper levels of information, analyzing what they find in search for the answer. They expect technology, and they use it,” Dr. Taylor explains.


What does this mean to your business office? It means that your parent population will expect more electronic services: online billing and payment portals that serve up the detailed, real-time account information they seek 24 x 7 to get the answers they demand. It means that you will need to proactively add links from your billing office page and your EBPP portal to your online FAQ’s, payment plan calculators, live chat channel, and email contacts. Soon, you will not only have your student population to keep up with technologically, but their parents as well.
 

Many schools are going to need help retooling their systems, especially their business office/ financial services on-line gateways, to meet these increased expectations for tech convenience and availability of information. Schools that can not provide this will generate serious credibility problems for themselves as sharp Gen X parents deduce, "If they can't make these college financials as available to me as my credit card, bank, and my mortgage lender can, where else are they behind the times, out of step, or falling down?”

 

The solution? Reach out to your ERP, payment plan partners, and IT department to establish online student account access, online payments and bill presentment. Demand that these transaction, processing and data systems are integrated to ensure that real time billing data is available to your customers and to your administrative staff so they can address these Gen X parents’ questions efficiently. The next generational wave is about to come ashore – rise up and meet their technology and information needs head on.

  1. Taylor, Mark (2006, November) Helicopters, Snowplows, and Bulldozers: Managing Students’ Parents. The Bulletin, Association of College Unions International. Available online at: www.taylorprograms.org
     
  2. Taylor, Mark (2007, May) Generation NeXt Comes to College: Understanding and Teaching Today’s Postmodern Students in the Digital Age (presentation)

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