College Board report: College-education deficit threatens US
By Glenn McCreedy on Jul 27, 2010 with Comments 0
As reported in the The New York Times article Once a Leader, US Lags in college degrees, the College Board warned on July 22, 2010 that the growing gap between the United States and other countries threatens to undermine U.S. economic competitiveness.
Last July, President Obama announced the American Graduation Initiative, calling for 5 million more college graduates by 2020.
The statistics are stark and chilling. Almost 70 percent of high school graduates in the United States enroll in college within two years of graduating, only about 57 percent of students who enroll in a bachelor’s degree program graduate within six years, and less than 25 percent of students who begin at a community college graduate with an associate’s degree within three years. Low-income students and minorities have it even worse. Only 30 percent of blacks ages 25-34, and less than 20 percent of Latinos in that age group, have an associates’s degree or higher.
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