Chart of the day: Off to Uni

Chart of the day

There are a lot of stories as to the American decline. Indeed, the Financial Times' Edward Luce has a whole book of them. But the above graph, via Jared Bernstein, suggests one.

In the 1970s and 1980s, the US led the world on college enrollment. In fact, since the passing of the GI bill in 1944, America had been forging a path. That bill led to 2.2 million American infantrymen attending university in the 12 years in was in effect.

But a generation later, the US hasn't changed at all, while the rest of the developed world has more or less caught up with it – and some of its key competitors have overtaken it.

The country could once boast the best educated workforce in the world. No longer.