Officials say this figure is up 1.1 percentage points over the previous year and 5.9 points over the last five years. The state’s goal is to reach an educational attainment rate of 60 percent by the year 2030.
“Across the board, states with highly educated workforces are more economically competitive and prosperous,” said Dr. Aaron Thompson, CPE president. “Over my career, I’ve watched Kentucky’s attainment level move from the bottom third of states to at or near the national average. This progress has resulted in greater economic opportunity for thousands of Kentuckians and a much stronger economic base for the state.”
CPE says the attainment figure is based on the proportion of Kentucky adults, ages 25-64, who have earned a postsecondary degree at the associate, bachelor’s or graduate level or a short-term certificate or industry certification. Using population and wage data from the U.S. Census Bureau and the Kentucky Center for Statistics, CPE estimates that:
Officials say for comparison, 9.2 percent of Americans have an associate degree, 23.4 percent have a bachelor’s degree and 14.5 percent have a graduate or professional degree, according to Lumina Foundation, a national education nonprofit. Comparable data for certificates/certifications is not available because Kentucky employs a different methodology than Lumina.
“Analysts predict that by the year 2031, 63 percent of all Kentucky jobs will require some education or training after high school,” said Travis Muncie, CPE’s Chief Information Officer. “While you won’t necessarily need a four-year degree, you will need some kind of technical or vocational training after high school to achieve long-term economic security.”
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