There are More and More College Graduates Percentage

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There are More and More College Graduates

There are More and More College Graduates

Percentage of American Adults (25+) With a 4 -Year College Degree, by Year 24%

Percentage of American Adults (25+) With a 4 -Year College Degree, by Year 24% 27% 28% 31% 20% 16% 8% 5% Source: 1940 -2000 US Censuses, 2001 -2016 American Community Surveys 2015 2010 2005 2000 1995 1990 1985 1980 1975 1970 1965 1960 1955 1950 3% 1945 1940 11%

College Graduates Make More Money

College Graduates Make More Money

Mean Wage and Salary Income, by Education Avg. Wage/Salary Income $80 k $70 k

Mean Wage and Salary Income, by Education Avg. Wage/Salary Income $80 k $70 k $60 k College Graduate $50 k Cumulative Total: $2. 3 million $40 k $30 k $20 k High School Graduate Cumulative Total: $1. 0 million $10 k $0 k 22242628303234363840424446485052545658606264 Age Source: 2011 -2016 American Community Surveys

College Is Expensive

College Is Expensive

Average Tuition and Fees and Room and Board in 2017 Dollars Private Non-Profit 4

Average Tuition and Fees and Room and Board in 2017 Dollars Private Non-Profit 4 -Year Public 4 -Year 2 -Year SOURCES: College Board, Annual Survey of Colleges; NCES, IPEDS Fall Enrollment data.

College Is Expensive Even if You Drop Out

College Is Expensive Even if You Drop Out

Two Other Facts

Two Other Facts

Source: 2011 -2016 American Community Surveys $1 -$10 k-$20 k-$30 k-$40 k-$50 k-$60 k-$70

Source: 2011 -2016 American Community Surveys $1 -$10 k-$20 k-$30 k-$40 k-$50 k-$60 k-$70 k-$80 k-$90 k-$100 k-$110 k-$120 k-$130 k-$140 k-$150 k-$160 k-$170 k-$180 k-$190 k-$200 k >$200 k Wage and Salary Income, by Education, Ages 40 -49 High School Graduates College Graduates

Change in Percent w/ a College Degree, by Occupation, 1980 to 2015 52 of

Change in Percent w/ a College Degree, by Occupation, 1980 to 2015 52 of 314 Occupations: Now have fewer college graduates 143 262 of 314 Occupations: Now have more college graduates 66 7 8 2 30 to 39% 40 to 49% 50 to 59% -20 to -11% 20 to 29% -30 to -21% Source: 1980 Census and 2011 -2016 American Community Surveys 10 to 19% 8 36 0 to 9% 2 -10 to -1% 2 < -30% 40

Change in Percent w/ a College Degree, by Occupation, 1980 to 2015 69% 1980

Change in Percent w/ a College Degree, by Occupation, 1980 to 2015 69% 1980 2015 42% 22% 45% 14% Source: 1980 Census and 2011 -2016 American Community Surveys Bank tellers Dancers 2% Baggage porters 7% Gardeners and groundskeepers Janitors 12% 4% 20% Bakers 21% 41%

Going to College is a Gamble

Going to College is a Gamble

Who “Wins? ”

Who “Wins? ”

Percent Graduating Within 6 Years among 1 st-Time Students Starting at 4 -Year Colleges

Percent Graduating Within 6 Years among 1 st-Time Students Starting at 4 -Year Colleges in 2010 73% 64% 54% API 39% Latinos Blacks Whites All 40% SOURCE: U. S. Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS), Spring 2002 through Spring 2013 and Winter 2013 -14 through Winter 2016 -17, Graduation Rates component; and IPEDS Fall 2010, Institutional Characteristics component. (This table was prepared December 2017. ) Native Amer. 60%

Percent Graduating Within 6 Years among 1 st-Time Students Starting at 4 -Year Colleges

Percent Graduating Within 6 Years among 1 st-Time Students Starting at 4 -Year Colleges in 2010 62% 50% to 75% Accepted 48% 57% 75% to 90% Accepted 88% 70% Less than 25% Accepted 25% to 50% Accepted 90% + Accepted Open Admissions 32%

Percent Graduating Within 6 Years among 1 st-Time Students Starting at 4 -Year Colleges

Percent Graduating Within 6 Years among 1 st-Time Students Starting at 4 -Year Colleges in 2010 60% 66% 59% For Profit Nonprofit Public All 26%

More on For-Profit Colleges

More on For-Profit Colleges

For-profit colleges are an important and valuable part of the higher education landscape —

For-profit colleges are an important and valuable part of the higher education landscape — especially for disadvantaged and nontraditional students

For-profit colleges are predatory, rarely deliver claimed benefits, and should be much more heavily

For-profit colleges are predatory, rarely deliver claimed benefits, and should be much more heavily regulated --- or maybe even closed