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The big goal is to raise the percentage of Americans with high-quality degrees and credentials to 60% by 2025. Lumina defines high-quality credentials as ones with well-defined transparent learning outcomes leading to education and job paths. This data includes adult degree holders aged 25-34, 35-44, 45-54, 55-64. The source is OECD Condition of Education 2009 data from various countries including the US states like Massachusetts, New York, and California. The job market trends highlight the importance of postsecondary education, with projections showing growth in jobs requiring credentials. In Illinois, there's a focus on increasing opportunities for qualified students through college education initiatives. For more information, visit luminafoundation.org.
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The big goal: To increase the proportion of Americans with high-quality degrees and credentials to 60 percent by the year 2025.
Lumina defines high-quality credentials as degrees and certificates that have well-defined and transparent learning outcomes which provide clear pathways to further education and employment.
Percent of adults with a postsecondary degree 25-34,35-44, 45-54,55-64 Source: OECD Condition of Education 2009
Korea Canada 54 52 50 48 46 44 42 40 38 36 34 32 30 28 26 24 22 Japan US states 25 to 34 year olds Massachusetts New Zealand Minnesota Ireland North Dakota Norway Connecticut/Colorado/New York France/Belgium/Australia New Jersey/Vermont/New Hampshire United States/Denmark/Sweden Illinois/Maryland/Nebraska Virginia/Iowa Finland/Spain Wisconsin/RI/SD/WA UK/Netherlands Pennsylvania/Kansas/Delaware Luxembourg Hawaii Switzerland Utah/Montana Michigan/North Carolina/Georgia Ohio/MO/OR/WY/CA/FL/ME Iceland Indiana Idaho/South Carolina/Arizona Poland Texas/Alabama/Tennessee/Alaska Oklahoma Greece Kentucky/New Mexico Germany Mississippi/Louisiana West Virginia/Arkansas Nevada Hungary/ Portugal Mexico
64 60 56 52 48 44 40 36 32 28 24 20 16 12 8 Champaign 52 50 48 46 44 42 40 38 36 34 32 30 28 26 24 22 20 Illinois counties 25 to 34 years old McDonough McLean/Jackson Korea Canada DuPage Japan Effingham/Tazewell New Zealand Ireland Kendall/Monroe/Cook Norway France/Belgium/Australia United States/Denmark/Sweden Finland/Spain UK/Netherlands Luxembourg Switzerland Iceland Poland Greece Germany Fulton/Jefferson/Iroquois Hungary/ Franklin/Randolph/Vermillion Portugal Mexico Bureau/Knox/Boone Livingston
Percentage of new entrants to the labor market that have completed higher education Source: OECD Education at a Glance 2007 United States Canada Sweden Denmark Finland Norway Belgium Ireland Spain Korea
Unemployment by level of education Source: Bureau of Labor Statistics, 2008
Income by level of education Source: US Census, Current Population Survey professional phd master’s bachelor’s associate some college high school
Unemployment by level of education Source: US Census, Current Population Survey Recession of March 01 to November 01 Recession of December 07 to present Recession of November 73 to March 75 Recession of January 80 to July 80 Recession of July 81 to November 82 Recession of July 90 to March 91 High school dropout High school graduate Some college Bachelor’s
Percent of layoffs that are permanent Source: Bureau of Labor Statistics, CNBC
Education levels of auto mechanics Source: Georgetown University Center on Education and the Workforce
Between 2008 and 2018, new jobs in Illinois requiring postsecondary education and training will grow by 418,000 while jobs for high school graduates and dropouts will grow by 148,000. Between 2008 and 2018, Illinois will create 2 million job vacancies both from new jobs and from job openings due to retirement. 1.3 million of these job vacancies will be for those with postsecondary credentials, 530,000 for high school graduates and 203,000 for high school dropouts. 64% of all jobs in Illinois (4.4 million jobs) will require some postsecondary training beyond high school in 2018. Source: Help Wanted: Projections of Jobs and Education Requirements Through 2018 The Georgetown University Center on Education and the Workforce
In Illinois, 1,514,533 working-age adults have attended college but don’t have a degree.
College is necessary Qualified students have the opportunity to go to college Source: Public Agenda and National Center for Public Policy and Higher Education
www.luminafoundation.org dmatthews@luminafoundation.org