The Lumina Foundation has just published  a new report entitled “A Stronger Nation Through Higher Education: How and Why Americans Must Achieve a ‘Big Goal’ for College Attainment”. The report details progress toward the goal of increasing the proportion of American adults with at least a two-year college degree by the year 2025.  This 110 page report contains detailed statistics state by state.  You can download the report by clicking here.  We think it is “must reading” for anyone in higher education with an interest in retention and graduation rates.

Here are some highlights from an article in the Chronicle of Higher Education:

States must increase the number of college degrees awarded each year in the United States, every year, by a total of nearly 280,000 if the nation is to meet the goal of increasing the proportion of American adults with a college degree to 60 percent by 2025.

The foundation cited increased attention at the federal, state, and institutional levels to raising college-completion rates—including proposals in several states to base higher-education spending decisions on performance—as promising developments for Lumina’s efforts to significantly improve educational attainment.

About 38 percent of American adults, ages 25 to 64, now hold a two-year college degree or higher. If degree production continues to grow at the current rate, the United States would increase the number of new college graduates by about 112,000 each year, less than half the amount needed to reach the 60-percent goal, the foundation’s report says.

Some states have much further to go than others. The report, which provides details of degree-attainment rates at state and county levels, shows that just over one-quarter of West Virginia residents have a college degree, the lowest proportion in the nation. Massachusetts has the highest rate, with close to half of its residents holding a college degree.

The 60-percent goal is the centerpiece of Lumina’s agenda and its grant making. President Obama has set a similar priority for higher education, calling on the nation to be atop the world by 2020 in the proportion of residents with a college degree or credential.

To improve educational attainment, the report says, states and colleges should focus both on increasing the rate at which students complete college and on getting more adults in the work force to return to college to complete degrees. More than 37 million Americans, about 22 percent of the working adult population, has attended college but not completed a degree, the report says.

Lumina also said the nation should “redouble” efforts to close college-going gaps among people of different income levels and racial groups. While 59 percent of Asian adults and 42 percent of non-Hispanic white adults have earned college degrees, only 26 percent of black adults, 23 percent of American Indian adults, and 19 percent of Hispanic adults have done so, the report says.