Census report reveals education milestone

According to the U.S. Census Bureau, as recently as 1998, less than one-quarter of Americans older than 25 held a degree.

By Donna Krache, CNN

(CNN) – In March 2011, for the first time ever, more than 30% of adults older than 25 had a college degree, according to information released today by the U.S. Census Bureau.  As recently as 1998, less than one-quarter of Americans older than 25 held a degree.
The findings are published in a new report, "Educational Attainment in the United States: 2011." This was one in a series of educational reports released today.
“This is an important milestone in our history,” Census Bureau Director Robert Groves said. “For many people, education is a sure path to a prosperous life. The more education people have the more likely they are to have a job and earn more money, particularly for individuals who hold a bachelor's degree.”
    The Census Bureau also published "Educational Attainment in the United States: 2009." This report reveals that in 2009, 85% of adults age 25 or older had at least a high school diploma or its equivalent. It also states that workers with a bachelor’s degree had median earnings of $47,510, about $20,000 more than workers with a high school diploma, who earned about $26,776, and nearly $25,000 more than those with a GED, who earned $22,534.