For the first time in U.S. history, 90 percent of the population age 25 and older have completed high school. This is according to new Educational Attainment data recently released from the U.S. Census Bureau.
“In 1940, less than half of the population age 25 and older had a high school diploma. Over the years this has increased to the point where we now have 90 percent who have completed high school,” said Kurt Bauman, a demographer in the Social, Economic and Housing Statistics division. “That means out of the 217 million people age 25 and older, 194 million have a high school diploma or higher.”
Between 2000 and 2017, the percentage of all people age 25 and older who had not completed high school decreased by more than one-third, dropping from 16 percent to 10 percent.
Locally, according to Mi School Data, Huron High School had a graduation rate of 91.59 percent for the school year 2015-16. Pioneer’s graduation rate of 93.08 in 2015-16 was pretty consistent with numbers over the past decade. Skyline’s graduation rate of 96.04 in 2015-16 also was consistent with previous rates.
The State of Michigan as a whole had a graduation rate of 79.65 percent for the school year 2015-16 with a high school completion rate of 91.09 percent.
Additionally, the increase in educational attainment goes beyond high school. The rate of attainment for a bachelor’s degree or higher increased from about 26 percent in 2000 to approximately 34 percent in 2017, an increase of 9 percentage points. Attainment of a bachelor’s degree or higher was greater for females age 25 and older (35 percent) than it was for males (34 percent). Of females between the ages of 25 and 34, 41 percent had attained a bachelor’s degree or higher.
Since 2000, the number of master’s degree holders has doubled to 21 million and the number of doctoral degree holders has doubled to 4 million.
People with advanced degrees make up 13 percent of all U.S. adults, the percentage of the population that had a bachelor’s degree or higher in 1973.
College attainment of the population age 55 and older grew from 19 percent in 2000 to 30 percent in 2017. Part of this is accounted for by the aging of the baby-boom generation, which now makes up 70 percent of the population age 55 and older.
From 2010 to 2016, mean earnings for workers with less than a high school education grew by 21 percent to $27,800. Other levels of education also saw increases in their earnings between 2010 and 2016. Earnings in 2016 for workers with a high school diploma or equivalent was $36,700, workers with a bachelor’s degree earned $67,300, and advanced degree holders earned $95,200.