There has been a steady increase in young people entering the workforce who have at least a college degree. While only 16 percent of the 25- to 29-year-olds among the Baby Boomer generation had a Bachelor's degree in 1964, the figure has risen to 40 percent among Millennials in 2016.
Also, more women than men get a degree. Women were ahead of men in 2000 already (36 percent) and have leaped further along by 10 points to 46 percent in 2016. Men have caught up to where women stood in 2000 and now stand at 36 percent.