Showing posts with label educational attainment. Show all posts
Showing posts with label educational attainment. Show all posts

Tuesday, April 19, 2022

The Marriage Market at Age 35

Increasingly, a bachelor's degree is a prerequisite for marriage. The latest data from the National Longitudinal Survey of Youth 1997 (NLSY) provides further evidence of this fact. The NLSY has been tracking a nationally representative sample of men and women born during the years 1980 through 1984. Respondents were aged 12 to 17 the first time they were interviewed in 1997. In the latest (19th!) survey, fielded in 2019–20, respondents were aged 34 to 40. 

At age 25, there were few differences in marital status by educational attainment among the NLSY respondents, with just 27 percent of them married. By age 35, big differences by educational attainment had emerged. Overall, 53 percent of the NLSY respondents were married at age 35. But the married share ranged from a low of 37 percent among the high school dropouts to a high of 65 percent among those with a bachelor's degree or more education.

Partner status at age 35 among people born 1980–84 by educational attainment
Married   Cohabiting   Single
Total people  53%        17    31
Less than high school diploma  37%        25    38
High school grad, no college  43%        23    34
Some college/associate's degree  50%        16    34
Bachelor's degree or more  65%        11    24

What accounts for these differences in marital status by educational attainment? The Marriage Market. The better educated are more likely to be married because their earnings are higher and their jobs more secure, making them more attractive marriage partners.

Source: Bureau of Labor Statistics, Labor Market Experience, Education, Partner Status, and Health for Those Born 1980–1984

Thursday, March 10, 2022

Record Increase in College Grads in 2010s

American educational attainment soared in the 2010s. The share of the population aged 25 or older with a bachelor's degree grew by 7.6 percentage points between 2010 and 2020—from 29.9 to 37.5 percent. This is a bigger increase than in any other decade. The share grew by another 0.4 percentage points in 2021 and now stands at 37.9 percent.  

Percent of population aged 25-plus with a bachelor's degree, 1970 to 2021
2021: 37.9%
2020: 37.5%
2010: 29.9%
2000: 25.6%
1990: 21.3%
1980: 17.0%
1970: 11.0%

Behind the big gain was the record-breaking rise in the share of women with a bachelor's degree—up 8.7 percentage-points between 2010 and 2020. Men's 6.4 percentage-point gain during the 2010s was less than their 6.8 percentage-point gain during the 1980s. 

Women are now more likely than men to have a bachelor's degree, a threshold crossed in 2014. As of 2021, fully 39.1 percent of women and 36.6 percent of men are college graduates.

Percent of men and women aged 25-plus with a bachelor's degree, 2000 to 2021
      Men  Women
2021        36.6%     39.1%
2020        36.7%     38.3%
2010        30.3%     29.6%
2000        27.8%     23.6%

Women in 2021 are 2.5 percentage points more likely than men to have a bachelor's degree. In 2000, women were 4.2 percentage points less likely than men to be college graduates.

Source: Census Bureau, CPS Historical Time Series Tables