GITNUX MARKETDATA REPORT 2024

Baby Boomer Education Statistics [Fresh Research]

Statistic 1

"Baby Boomers have a higher level of education than any previous generation, with 88.8% having completed high school and 28.5% holding a bachelor’s degree or higher."

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Statistic 2

"California had the most number of in debt Baby Boomers, with 16.73% of the federal student debt and 0.63 million borrowers who owe $40,000 to $60,000 in debt."

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Statistic 3

"Baby Boomers with a Bachelor’s degree or higher experienced higher real wage growth than those without a degree."

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Statistic 4

"The peak year of the Baby Boomer generation was 1957, and the youngest Boomer graduated from high school in 1988, meaning that the Baby Boomers did not start going to school until 1971."

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Statistic 5

"Baby Boomers have a higher level of education than any previous generation, with 88.8% having completed high school and 28.5% holding a bachelor’s degree or higher."

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Statistic 6

"78% of Baby Boomers embrace technology by devices, showing that older Americans are not necessarily disconnected from modern technology."

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Statistic 7

"Baby Boomers have the highest percentage of Bachelor’s degrees of any generation, at nearly a third, and the highest percentage of Master’s degrees, at 8.8%."

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Statistic 8

"Harvard University launched a program in 2008 to direct accomplished executives towards global problems, which has seen a 400% increase in applicants since its inception."

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Statistic 9

"Millennials are more racially and ethnically diverse than Baby Boomers, which highlights the need for policy makers and scholars to understand the differences between the two generations in order to effectively address the educational needs of both."

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Statistic 10

"California had the most number of in debt Baby Boomers, with 16.73% of the federal student debt and 0.63 million borrowers who owe $40,000 to $60,000 in debt."

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Statistic 11

"Baby Boomers, born between 1946 and 1964, owe a large amount of money on student loans due to their retirement savings figures being lower than other age groups, making it difficult to pay off their student debt."

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