More than 30 percent of U.S. adults hold bachelor’s degrees, the highest level ever, reports the Census Bureau. Women are on the brink of surpassing men in educational attainment.
As of last March, 30.4 percent of people over age 25 in the United States held at least a bachelor’s degree, and 10.9 percent held a graduate degree, up from 26.2 percent and 8.7 percent 10 years earlier.
Asian-Americans are the most educated: 50.3 percent have at least a bachelor’s degree and 19.5 percent hold a graduate degree. By contrast, 34 percent of whites, 19.9 percent of blacks and 14.1 percent of Hispanics hold a bachelor’s degree or more.
President Obama wants 55 percent of Americans to earn a college degree.
Super-sizing the number of graduates, which would require doubling enrollment, won’t make us more prosperous, argues Peter Wood. There’s no “straightforward correlation between the percent of the population holding college degrees and the nation’s prosperity or its international competitiveness.”