This new report, "As America Becomes More Diverse: The Impact of State Higher Education Inequality," proves a simple syllogism. 1) By 2020 there will be twice as many minority workers (Hispanic and black), or 37 % of the workforce. 2) Blacks and Hispanics are far less educated than whites. 3) Either we close the racial disparities OR we get ready for a less educated, less competitive workforce with lower earnings.
Summarizes the Chronicle:
if the current educational gap continues, the proportion of the work force with a college education, or even a high-school diploma, would decrease, the report says. The proportion of the work force with less than a high-school diploma would rise to 18.5 percent from 16.1 percent in 2000, and the proportion with a bachelor's degree would fall to 16.4 percent from 17.1 percent....The drop in the share of the work force with college degrees would also lead to a 2-percent fall in personal per-capita income, from $21,591 in 2000 to $21,196 in 2020, in constant dollars. During the previous 20-year period, that figure grew by 41 percent.