Education costs push more Americans into vocational school, junior college

December 18, 2017 - 4:11 am

The rising cost of education may be creating a downward trend in the number of people who seek diplomas.

Less than half of Americans 25 and older had high school diplomas in 1940. Today, for the first time in history, 90 percent of people 25 and older have completed high school, according to new Educational Attainment data.

The curve may be headed in the opposite direction when it comes to higher education, said Dr. Jacob Marszalek.

"There's a high probability that we will see more people, on a percentage basis, opting for 2-year degrees or vocational school than 4-year degrees," Marszalek said.

The number of people achieving 4-year degrees has dropped 2 to 3 percent in recent years. The number of people seeking vocational or 2-year degrees has been going up over the same period of time. 

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