More young Americans hold a college degree of some kind, reports the Census. Some 39.3 percent of 25- to 34-year-olds are degreed. President Obama’s goal for 2020 is 60 percent.
However more college graduates are underemployed, competing with less-educated young people for low-paying service jobs. The number of waiters and waitresses ages 18 to 30 with college degrees increased 81 percent from 2000 to 2010, reports the Census, while college-educated bartenders, dishwashers and file clerks in that age group doubled.