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Most new jobs will require more than a high school education, yet fewer than half of Americans under 30 have a postsecondary degree of any kind.
The Gates Foundation said that doubling the numbers of low-income students who earned a postsecondary degree or vocational degree by age 26 would translate into an increase of about 250,000 graduates each year.
With large numbers working full time to pay for college and a lack of institutional support for struggling students, only about 25percentt of low-income students earn any kind of postsecondary degree, experts say.
In fact, we are working toward achieving an ambitious national goal for college completion: By 2025, we want 60percentt of Americans to hold a high-quality postsecondary degree or credential.
There is a paradox in American higher education: of the millions of students who apply to and enter postsecondary degree programs, only about half end up graduating within six years.
PAGE A21 GATES GRANTS TO HELP STUDENTS With concerns growing that the recession will make it even harder for low-income students to remain in college, the Bill and Melinda Gates Foundation announced nearly $70 million in grants as part of an ambitious initiative: Doubling the number of low-income students who earn a postsecondary degree or vocational credential by age 26.
Similar(27)
— CHRISTOPHER F. SCHUETZE Group reports small gains in U.S. adults with degrees Although more adults in the United States receive postsecondary degrees than ever, the percentage of the population attaining them is modest, according to a new report.
"High school graduates and dropouts will find themselves largely left behind in the coming decade as employer demand for workers with postsecondary degrees continues to surge," write the report's authors, led by Anthony P. Carnevale, the center's director.
But most experts agree that given the exploding technologies, cuts to university budgets and the expanding universe of people expected to earn postsecondary degrees, there is no end in sight for newfangled programs preparing students for careers in high-demand areas like business, computer science, health care and criminal justice.
That's why I prefer the rhetorical strategy of the Lumina Foundation, which says that it aims to increase the percentage of Americans with postsecondary degrees and credentials from about 40% of the population to 60% by 2025.
Indeed, just 12percentt of those who passed the old GED test actually went on to gain postsecondary degrees or credentials.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com