While it’s true that the average cost of college continues to increase, the wages of Americans with no degree are simultaneously reducing. Nearly 23% of African Americans, age 25 or older, maintain a bachelor’s degree or greater, in comparison with the national price of 33%. In 2015, the unemployment fee for Americans aged with at least a bachelor’s diploma was 2.6 percent. High college graduates in this age range, however, were unemployed at a fee of eight.1 p.c. As jobs that only require a highschool diploma turn out to be less lucrative, they are also becoming less out there. By 2020, roughly two-thirds of job openings would require postsecondary education or coaching.