Source: Grace Kena, Susan Aud, Frank Johnson, Xiaolei Wang, Jijun Zhang, Amy Rathbun, Sidney Flicker-Wilkinson, Paul Kristapovich, Liz Notter, Virginia Rosario, National Center for Education Statistics, NCES 2014083, May 2014
The Condition of Education 2014 summarizes important developments and trends in education using the latest available data. The report presents 42 indicators on the status and condition of education. The indicators represent a consensus of professional judgment on the most significant national measures of the condition and progress of education for which accurate data are available. These indicators focus on population characteristics, participation in education, elementary and secondary education, and postsecondary education.
This year’s Condition shows that about 90 percent of young adults ages 25 to 29 had a high school diploma or its equivalent in 2013, and that 34 percent had a bachelor’s or higher degree. As in previous years, in 2012, median earnings were higher for those with higher levels of education—for example, 25- to 34-year-olds with a bachelor’s degree earned more than twice as much as high school dropouts. Also, the unemployment rate was lower for bachelor’s degree holders in this age range than for their peers with lower levels of education…..