With college enrollment rates among the lowest in the nation, California will face a shortage of 1 million college graduates needed for the state's workforce in 2025, a report released Thursday warned.
Unless policy changes are made, only 35% of the state's working-age adults will hold a four-year degree that year, even as a college education will be required for at least 41% of job-holders, the study by the Public Policy Institute of California found.
The state's three public college systems -- the California Community Colleges, California State University and the University of California -- educate 2.3 million students annually, and an additional 360,000 students attend private colleges and universities. But the numbers mask a huge gap between the state's youth population and its college-going and graduation rates, the report found.
Only 56% of California's high school graduates, as opposed to 62% nationwide, proceed directly to college. The state also ranked comparatively low in other measures, including its share of 25- to 34-year-olds with at least a bachelor's degree and the number of college students who graduated within five years.