|June 3, 2009
|National Center for the Preservation of Democracy
|111 N. Central Avenue
|Los Angeles, CA
Forty years ago, California´s higher education system was the envy of the nation, and the state ranked high among other states for its share of young adults who held a bachelor´s degree. But that proportion has declined sharply in the decades since. As for the future, new research by the Public Policy Institute of California indicates that by 2025, the state will fall nearly one million college graduates short of the number it needs to sustain its economy. There are additional pressures on the system as well, including demographic changes caused by baby boomer retirements and an increased number of immigrants in the population.