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The Undereducated American
Monday, June 27, 2011
A new study by the Georgetown University Center on Education and the Workforce confirms that over the past 30 years, the demand for college-educated workers has outpaced supply, resulting in economic output below potential and growing income inequality. The current recession and grudging recovery, however, hides the fact that we are underproducing college graduates. .... This study finds that if the U.S. is to make up for lost ground in postsecondary attainment and respond to future economic requirements, we will need to add an additional 20 million postsecondary-educated workers to the economy by 2025.