"For 2024, the report shows that 43.6 percent of U.S. adults ages 25 to 64 in the labor force have a college degree or other credential-such as a certificate or industry-recognized certification-and are earning more than someone with only a high school diploma."
"People began asking not just if I can get a credential but is it actually going to lead to a better job with higher pay," Brown said. "That shift is what really brings us to where we are today."
"This year's release establishes the national baseline for the foundation's 2040 goal: 75 percent of adults in the U.S. labor force should have a college degree or credential beyond high school that leads to economic prosperity, which the foundation defines as earning at least 15 percent more than someone with only a high school diploma."
The Lumina Foundation measures which credentials lead to higher earnings for American workers. For 2024, 43.6 percent of U.S. adults ages 25 to 64 in the labor force hold a college degree or other credential and earn more than peers with only a high school diploma. Credential attainment rose from about 39 percent in 2009 to nearly 55 percent in 2024, reflecting millions more with post-high-school education and training. Not all credentials meet the foundation's earnings benchmark. The foundation defines economic prosperity as at least 15 percent higher earnings and sets a 2040 goal of 75 percent credential attainment.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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