Higher education has reached more and more Americans over time, and now among those 25-29, one third have at least a four year undergraduate degree.
More Americans have started and graduated college in recent years, spurred on by the Great Recession, and the recognition that unemployment levels among college graduates is 3.3 percent for those ages 25-34, compared to 11.8 percent for high school graduates.
Still, too many students fail to finish a four year, or even a two year degree, and in many states, the graduation rate is much lower than in others, with the trend being that the “Blue” states have higher graduation rates than the “Red” states, another indication of two Americas in our midst, one in the 21st century, and the other moving back socially to the 19th century in many ways, sadly!
And low income American families still see only about one out of ten of their children going on to college and graduating in a six year period, while high income families see seven out of ten children gaining a college degree.
And women are graduating at higher rates than men, another disturbing issue regarding the emotional maturity of young men, many seeing just having any job as enough, making more women more highly educated than men, and in many cases, choosing not to marry someone of lesser educational attainment.
And Asian Americans continue to have higher percentages of college degrees, followed by whites, blacks and Hispanics, respectively.
The road to the future in a technology based and digital economy is higher education, so those not attaining that goal are at a long range disadvantage in the American economy of the future.