Educational Attainment

Share of adults 25+ with a bachelor's degree or higher.

72.7%

Trend YoY growth is +0.4%, accelerating by 2 bps/year over the last 10Y. Deviations have remained below trend for 4 consecutive periods. Latest: +0.2%, 22 bps below trend, a 0.3σ deviation. The latest YoY reading is boosted by 50 bps due to an easy comparison base from 2022.

Level

YoY Change

y = 0.2% + 2 bps/yr · t

Deviation from trend

Forecast

Projected value by forecast vintage (%)

Projected value (%)

Forecast made in201620172018201920202021202220232024202520262027MAPE
201670.670.370.168.868.469.070.870.570.467.864.961.8649%
201770.770.469.269.069.771.671.371.369.767.965.9396%
201869.769.068.769.571.471.171.169.467.465.3570%
201969.669.470.372.472.472.672.572.472.3120%
202070.570.672.772.672.873.073.173.3115%
202172.674.875.376.080.084.589.61800%
202272.574.174.777.079.882.9700%
202372.773.273.674.074.4
202473.273.674.074.4

YoY change forecast

Forecast made in201620172018201920202021202220232024202520262027MAPE
2016+0.8%-0.4%-0.6%-0.9%-1.2%-1.5%-1.8%-2.0%-2.3%-2.6%-2.9%-3.2%649%
2017+0.1%-0.3%-0.5%-0.6%-0.8%-1.0%-1.2%-1.4%-1.6%-1.8%-2.0%396%
2018-1.0%-0.7%-0.9%-1.0%-1.2%-1.4%-1.6%-1.8%-1.9%-2.1%570%
2019-0.1%-0.2%-0.2%-0.2%-0.1%-0.1%-0.1%-0.1%-0.1%120%
2020+0.9%+0.1%+0.1%+0.1%+0.1%+0.1%+0.1%+0.1%115%
2021+2.1%+2.2%+2.8%+3.4%+3.9%+4.5%+5.1%1800%
2022-0.1%+1.6%+2.0%+2.4%+2.8%+3.2%700%
2023+0.2%+0.5%+0.4%+0.4%+0.4%
2024+0.5%+0.4%+0.4%+0.4%

Forecasts use ordinary least-squares linear regression fitted to the YoY change series over a rolling 5Y window. Each row shows a vintage — the forecast as it would have appeared at that point in time. Projected values apply the forecasted YoY change to the prior year's level, chaining forward where actuals are unavailable. MAPE measures forecast accuracy against realized values. These are mechanical trend extrapolations, not economic models.