More U.S. high school seniors are looking to continue their education, according to a report from the Lumina Foundation.
In Indiana, while progress is being made, the state still lags behind the national average. The report, “A Stronger Nation,” states that about 55% of American adults between 25 and 64 possess a college degree or a recognized certification. Indiana stands at nearly 54%, falling short of the state’s goal of reaching 60% by 2025.
Teresa Lubbers, a board member of the Lumina Foundation and president of the Sagamore Institute in Indianapolis, highlights the urgency of this study. She emphasizes that the 60% goal is more than just a number; it’s about meeting workforce needs. “A strong economy in Indiana means that more people will need these credentials. It’s essential for prosperity,” Lubbers said.
The report outlines that post-high school education includes associate’s, bachelor’s, and master’s degrees, as well as other industry-recognized certifications. It also notes that 60% of adults in the U.S. will require such credentials to show they have the skills needed for good jobs. However, Indiana’s short-term credential achievement rate is below 12%.
Looking at the data by race and ethnicity reveals some positive trends. Among Black students, 42% hold an associate’s, bachelor’s, or master’s degree. This compares to 44% of white students, 28% of Hispanic students, and 63% of Asian students who have similar qualifications.
Lubbers stresses the significance of gathering this data. “We need to look at college readiness, completion rates, dual credit options, and the return on investment,” she noted. All these factors help illustrate what’s working in the education system.
Additionally, gaps in graduation rates are narrowing, thanks in part to the 21st Century Scholars Program, which offers full scholarships to eligible low-income students attending Indiana colleges. To meet state educational goals, the report suggests maintaining current achievement rates and increasing enrollment in credential-based programs.