Home > Educational Leadership, Higher Education > The Undereducated American

The Undereducated American

By Anthony P. Carnevale & Stephen J. Rose

Our analysis of wage and employment data shows that the United States has been under producing college-educated workers for decades. Postsecondary education is in high demand among employers—and as the recovery takes hold and hiring resumes, it will continue to be in high demand. The undersupply of postsecondary-educated workers has led to two distinct problems: a problem of efficiency and a problem of equity.

Without enough talent to meet demand, we are losing out on the productivity that more postsecondary-educated workers contribute to our economy. Moreover, scarcity has driven up the cost of postsecondary talent precipitously, exacerbating inequality. The result is that, as we lose our global lead position in percentage of the workforce with postsecondary credentials, we have become the global industrialized leader in income inequality. The growing disparity in earnings between those with a college education and those without is the principal reason for this widening chasm. To resolve these twin dilemmas, we propose adding an additional 20 million postsecondary educated workers to the economy and increasing degree attainment rates.

Continued at: http://www9.georgetown.edu/grad/gppi/hpi/cew/pdfs/undereducatedamerican.pdf


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: