The number of students graduating from a college degree program in 2019 is expected to be significantly lower than in 2020, according to a new study published in the journal Higher Education Research.
The study looked at the enrollment of U.S. universities and found that the number of freshmen entering the workforce at the end of 2021 dropped from the previous year.
A typical freshman entering a college course of study today will not graduate in the 2020s, the study found.
The average student entering the U.s. workforce today will likely earn less than $30,000, the lowest annual median income, the researchers said.
The median earnings of a typical bachelor’s degree recipient is $71,000.
The median earnings for a typical college degree recipient in 2020 was $73,000 and the median earnings per bachelor’s program is $98,000—two times the earnings of the typical student in 2020.
With a shrinking pool of graduates, the cost of education will increase and the cost for most graduates will be higher than in the last decade, the authors of the study said.
In 2021, students entering the labor force in the U.”s.
will need to pay higher tuition, fees and other expenses than in 2019, which is the most recent year for which data is available, according the researchers.
In 2019, students had the option of paying tuition at a public institution of higher education.
In 2020, they have the option at an academic institution of the same institution.
Overall, the U., the U, the University of Texas, the California State University, the Massachusetts Institute of Technology and the University at Albany are the top universities for the average student.
By 2021, the median annual income for students in the United States will be $65,000 less than in 2018, the report found.
And the average annual household income for the U of T in 2021 will be the same as it was in 2018—$63,500 less than it was last year, the highest annual median household income in the country.
According to the report, if the federal government is able to fully fund education for all students, it will save $7 trillion in taxes and increase the average household income by more than $10,000 per year.
The authors said that a strong U. S. economy is the key to improving education and that “the nation can and should be proud of our progress in education and economic opportunity.”
The study was sponsored by the Center for Education Reform, the Center on Education Policy at the Brookings Institution, the New America Foundation, and the Brookings-Harris Foundation.