The Future of College Employment

President Obama has  charged that the United States will lead the world in college degree holders with 10 million more graduates by 2020. Today about 48 percent of all working college alumni were unemployed in 2010, including 5 million graduates in jobs that require less than a high school diploma according to a study from the Center for College Affordability and Productivity.

The Georgetown University Center on Education and the Workforce forecasts that 63 percent of all jobs will require some post-secondary education by 2018.  The expectation is that the United States will fall short of the need by 3 million workers.

Obviously there is a gap that needs to be filled between the president’s desire and the realities of the market.