College Is More Important Than Ever

The jobs of the future are going to require a more educated workforce, to the point where the U.S. may have as much a 5-million-person shortage of people with post-secondary education by 2020.

That number, via a new Georgetown Center on Education and the Workforce report, shows that recent weakness in the job market for young graduates isn't a sign that a degree has lost any value. On the contrary, degrees are getting more valuable, and the cost of missing out is growing.

Georgetown is optimistic about the recovery going forward, expecting 55 million openings in the economy through 2020, which will mostly go to people with something more than a high school diploma.

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