FEB. 21, 2019 — In the last two decades, the number of people with master’s and doctoral degrees has doubled.
Since 2000, the number of people age 25 and over whose highest degree was a master’s has doubled to 21 million, and the number of doctoral degree holders has more than doubled to 4.5 million. In 2000, one-third of people with at least a bachelor’s degree had completed an advanced degree. By 2018, that proportion had grown to 37 percent.
About 13.1 percent of U.S. adults have an advanced degree, up from 8.6 percent in 2000.
These findings come from the Census Bureau’s Educational Attainment in the United States: 2018 table package that uses statistics from the Current Population Survey Annual Social and Economic Supplement to examine the educational attainment of adults age 25 and older by demographic and social characteristics, such as age, sex, race and Hispanic origin, nativity and disability status.
The data also found that in 2017, on average a person with an advanced degree earned 3.7 times as much as an average high school dropout.
The Current Population Survey, sponsored jointly by the Census Bureau and the U.S. Bureau of Labor Statistics, is the primary source of labor force statistics for the population of the United States.