Education levels are on the rise in the United States. According to newly released estimates from the U.S. Census Bureau's American Community Survey, 79.9 million American adults - 35% of the nation's 25 and older population - have a bachelor's degree or higher. As recently as five years ago, fewer than 33% of American adults had a bachelor's degree.
A college education has long been a key driver of upward economic mobility in the United States. However, enrollment costs at colleges and universities have soared in recent years, making a four-year postsecondary education prohibitively expensive for many working- and middle-class families.