CFED Scorecard

CFED Assets & Opportunity Scorecard

Education
Four-Year College Degree
Definition

Percentage of population 25 years old and over who have at least a 4-year degree, 2014.

Description

In today’s economy, knowledge is itself a traded commodity, and those with a college degree earn significantly more and accumulate more wealth over time than those with just a high school diploma. Data from the 2013 Survey of Consumer Finances indicate that, in families where the head of household has a college degree, the net worth of the family is more than four times that—at the median—of families whose head of household has only a high school diploma ($219,400 vs $52,500, respectively).

30.1% of United States adults have at least a 4-year degree

Four-Year College Degree, 2014

StateAdults with At Least
4-Year Degree (%)
Rank
United States 30.1%
Alabama 23.5% 45
Alaska 28.0% 28
Arizona 27.6% 32
Arkansas 21.4% 49
California 31.7% 14
Colorado 38.3% 3
Connecticut 38.0% 5
Delaware 30.6% 19
District of Columbia 55.0% 1
Florida 27.3% 36
Georgia 29.1% 24
Hawaii 31.0% 17
Idaho 25.0% 42
Illinois 32.8% 13
Indiana 24.7% 43
Iowa 27.7% 31
Kansas 31.5% 15
Kentucky 22.2% 48
Louisiana 22.9% 47
Maine 29.4% 22
Maryland 38.2% 4
Massachusetts 41.2% 2
Michigan 27.4% 35
Minnesota 34.3% 11
Mississippi 21.1% 50
Missouri 27.5% 33
Montana 29.3% 23
Nebraska 29.5% 21
Nevada 23.1% 46
New Hampshire 35.0% 8
New Jersey 37.4% 6
New Mexico 26.4% 39
New York 34.5% 10
North Carolina 28.7% 26
North Dakota 27.4% 34
Ohio 26.6% 37
Oklahoma 24.2% 44
Oregon 30.8% 18
Pennsylvania 29.0% 25
Rhode Island 30.4% 20
South Carolina 26.3% 40
South Dakota 27.8% 30
Tennessee 25.3% 41
Texas 27.8% 29
Utah 31.1% 16
Vermont 34.9% 9
Virginia 36.7% 7
Washington 33.1% 12
West Virginia 19.2% 51
Wisconsin 28.4% 27
Wyoming 26.6% 38

Change in Four-Year College Degree

Four-Year Degree (%)
State200620072008200920102011201220132014
United States 27.0% 27.5% 27.7% 27.9% 28.2% 28.5% 29.1% 29.6% 30.1%
Alabama 21.1% 21.4% 22.0% 22.0% 21.9% 22.3% 23.3% 23.5% 23.5%
Alaska 26.9% 26.0% 27.3% 26.6% 27.9% 26.4% 28.0% 28.0% 28.0%
Arizona 25.5% 25.3% 25.1% 25.6% 25.9% 26.6% 27.3% 27.4% 27.6%
Arkansas 18.2% 19.3% 18.8% 18.9% 19.5% 20.3% 21.0% 20.6% 21.4%
California 29.0% 29.5% 29.6% 29.9% 30.1% 30.3% 30.9% 31.0% 31.7%
Colorado 34.3% 35.0% 35.6% 35.9% 36.4% 36.7% 37.5% 37.8% 38.3%
Connecticut 33.7% 34.7% 35.6% 35.6% 35.5% 36.2% 37.1% 37.2% 38.0%
Delaware 27.0% 26.1% 27.5% 28.7% 27.8% 28.8% 29.5% 29.8% 30.6%
District of Columbia 45.9% 47.5% 48.2% 48.5% 50.1% 52.5% 53.0% 55.1% 55.0%
Florida 25.3% 25.8% 25.8% 25.3% 25.8% 25.8% 26.8% 27.2% 27.3%
Georgia 26.6% 27.1% 27.5% 27.5% 27.3% 27.6% 28.2% 28.3% 29.1%
Hawaii 29.7% 29.2% 29.1% 29.6% 29.5% 29.1% 30.1% 31.2% 31.0%
Idaho 23.3% 24.5% 24.0% 23.9% 24.4% 25.2% 25.5% 26.2% 25.0%
Illinois 28.9% 29.5% 29.9% 30.6% 30.8% 31.0% 31.6% 32.1% 32.8%
Indiana 21.7% 22.1% 22.9% 22.5% 22.7% 23.0% 23.4% 23.8% 24.7%
Iowa 24.0% 24.3% 24.3% 25.1% 24.9% 25.8% 26.3% 26.4% 27.7%
Kansas 28.6% 28.8% 29.6% 29.5% 29.8% 30.1% 30.4% 31.1% 31.5%
Kentucky 20.0% 20.0% 19.7% 21.0% 20.5% 21.1% 21.8% 22.6% 22.2%
Louisiana 20.3% 20.4% 20.3% 21.4% 21.4% 21.1% 22.0% 22.5% 22.9%
Maine 25.8% 26.7% 25.4% 26.9% 26.8% 28.4% 28.0% 28.2% 29.4%
Maryland 35.1% 35.2% 35.2% 35.7% 36.1% 36.9% 36.9% 37.4% 38.2%
Massachusetts 37.0% 37.9% 38.1% 38.2% 39.0% 39.1% 39.3% 40.3% 41.2%
Michigan 24.5% 24.7% 24.7% 24.6% 25.2% 25.6% 26.0% 26.9% 27.4%
Minnesota 30.4% 31.0% 31.5% 31.5% 31.8% 32.4% 33.2% 33.5% 34.3%
Mississippi 18.8% 18.9% 19.4% 19.6% 19.5% 19.8% 20.7% 20.4% 21.1%
Missouri 24.3% 24.5% 25.0% 25.2% 25.6% 26.1% 26.4% 27.0% 27.5%
Montana 27.4% 27.0% 27.1% 27.4% 28.8% 28.2% 29.4% 29.0% 29.3%
Nebraska 26.9% 27.5% 27.1% 27.4% 28.6% 27.9% 29.0% 29.4% 29.5%
Nevada 20.8% 21.8% 21.9% 21.8% 21.7% 22.5% 22.4% 22.5% 23.1%
New Hampshire 31.9% 32.5% 33.3% 32.0% 32.8% 33.4% 34.6% 34.6% 35.0%
New Jersey 33.4% 33.9% 34.4% 34.5% 35.4% 35.3% 36.2% 36.6% 37.4%
New Mexico 25.3% 24.8% 24.7% 25.3% 25.0% 25.6% 26.1% 26.4% 26.4%
New York 31.2% 31.7% 31.9% 32.4% 32.5% 32.9% 33.4% 34.1% 34.5%
North Carolina 24.8% 25.6% 26.1% 26.5% 26.5% 26.9% 27.4% 28.4% 28.7%
North Dakota 25.6% 25.7% 26.9% 25.8% 27.6% 26.3% 27.9% 27.1% 27.4%
Ohio 23.0% 24.1% 24.1% 24.1% 24.6% 24.7% 25.2% 26.1% 26.6%
Oklahoma 22.1% 22.8% 22.2% 22.7% 22.9% 23.8% 23.8% 23.8% 24.2%
Oregon 27.5% 28.3% 28.1% 29.2% 28.8% 29.3% 29.9% 30.7% 30.8%
Pennsylvania 25.4% 25.8% 26.3% 26.4% 27.1% 27.0% 27.8% 28.7% 29.0%
Rhode Island 29.6% 29.8% 30.0% 30.5% 30.2% 31.1% 31.4% 32.4% 30.4%
South Carolina 22.7% 23.5% 23.7% 24.3% 24.5% 24.1% 25.1% 26.1% 26.3%
South Dakota 24.8% 25.0% 25.1% 25.1% 26.3% 26.3% 26.3% 26.6% 27.8%
Tennessee 21.7% 21.8% 22.9% 23.0% 23.1% 23.6% 24.3% 24.8% 25.3%
Texas 24.7% 25.2% 25.3% 25.5% 25.9% 26.4% 26.7% 27.5% 27.8%
Utah 28.6% 28.7% 29.1% 28.5% 29.3% 29.7% 30.7% 31.3% 31.1%
Vermont 32.4% 33.6% 32.1% 33.1% 33.6% 35.4% 35.8% 35.7% 34.9%
Virginia 32.7% 33.6% 33.7% 34.0% 34.2% 35.1% 35.5% 36.1% 36.7%
Washington 30.5% 30.3% 30.7% 31.0% 31.1% 31.9% 31.7% 32.7% 33.1%
West Virginia 16.5% 17.3% 17.1% 17.3% 17.5% 18.5% 18.6% 18.9% 19.2%
Wisconsin 25.1% 25.4% 25.7% 25.7% 26.3% 26.5% 27.1% 27.7% 28.4%
Wyoming 22.7% 23.4% 23.6% 23.8% 24.1% 24.7% 24.7% 26.6% 26.6%

Definition

Percentage of population 25 years old and over who have at least a 4-year degree, 2014.

Source

2014 American Community Survey. Washington, DC: U.S. Department of Commerce, Census Bureau, 2015.

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