Report shows college attainment remains on the rise in Kentucky
FRANKFORT, Ky. (WTVQ) – Kentucky moved ever closer to its educational attainment goals in the 2018-19 academic year as the combined number of undergraduate degrees and credentials conferred rose 3.5%, according to a report from the state Council on Postsecondary Education.
The report shows nearly 47% of Kentucky adults now have a postsecondary credential, up from 42.5% in 2014. That’s a 4.5 percentage point gain compared to a national 3 percentage point gain during the same time period.
Other key findings in the report show:
– Bachelor’s degrees conferred to minority students at public and private institutions increased 5.3%.
– At KCTCS, associate degrees rose 2.2%; short-term certificates jumped 6.5%; and credentials awarded to minority students increased 7.4%.
– Total master’s, professional and doctoral degrees climbed 14.3%.
– The six-year graduation rate for public four-year institutions hit 55%, up from 54.5% in the previous year. The three-year rate at KCTCS rose to 33.9%, up from 31%.
– First-year to second-year retention increased 1.3 percentage points to 78.2% at public universities, and 2.2 percentage points to 55.5% at KCTCS.
According to the report, state funding for public institutions has remained essentially level while the cost for students continues to increase.
The report and highlights can be accessed at http://cpe.ky.gov/data/publications.html.