U.S. College Grads Get Older, Shift Workplace Trends

By: Associated Press
By: Associated Press

Stay up-to-date with KAKE News:

Thursday, February 23, 2012

America's college graduates are more likely than ever to be 60 or older, helping redefine work and retirement.

It's a trend in which educated baby boomers are swelling the senior population at rates faster than young adults earn diplomas. And it comes amid increasing shares of older Americans in the workplace and record drops in employment for young adults.

New census figures show 26 percent of Americans 60 and older have a bachelor's degree, up from 13 percent in 1992.

Overall, a record 30.4 percent of Americans 25 and older held a bachelor's degree.

The government projects 1 in 4 workers by 2020 will be 55 years or older, due to increased life expectancy, rising health care costs and other incentives to keep working. That's up from 1 in 5.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 140196883 - kake.com/a?a=140196883
Gray Television, Inc.