The rate of U.S. high school seniors seeking higher education is on the upswing, according to research from Lumina Foundation.
Although Hoosier student rates are improving, the numbers show they still rank behind national figures. The report, called “A Stronger Nation,” showed nearly 55% of American adults aged 25-64 have a college degree or industry-recognized certification. Indiana’s attainment rate is almost 54%, six points shy of the 2025 goal for the state.
Teresa Lubbers, a Lumina Foundation board member and president of the Sagamore Institute, an Indianapolis-based think tank focusing on social impact issues, said the study was done with a sense of urgency.
“I think that having the 60% goal was the rallying call for us, not just as a number but why that number was directly tied to the needs of the workforce,” Lubbers explained. “If someone was going to have prosperity in their life and Indiana’s economy was going to be strong, this was an imperative, not a choice.”
The report specified a post-high school education as an associate’s, bachelor’s, or master’s degree or college-level or industry-recognized certificate. The report noted 60 % of adults in the United States will need a post-high school credential showing completion in training and a demonstrated competency in an employable skill. Indiana’s short-term credential achievement rate is slightly under 12%.
Data classified by race and ethnicity shows progress across the board. Among Black students, 42% either have an associate’s, bachelor’s, or master’s degree while 44% of white students, 28% of Hispanic students, and 63% of Asian students have obtained the degrees.
Lubbers touted the importance of compiling the study.
“Whether it’s college readiness, college completion, dual credit, return on investment, the number of credentials and certificates, all of those things roll up to make the case for what we’re doing and what’s working,” Lubbers added.
Graduation level gaps are closing, Lubbers noted, thanks to the 21st Century Scholars Program which provides eligible, low-income students with a full ride scholarship to a participating Indiana college or university. Report recommendations for reaching state goals are to maintain the current achievement figures and to boost enrollment numbers in credential-based institutions.
