Undergraduate Degree Earners for Academic Year 2023-24 — from nscresearchcenter.org; via Ryan Craig

The number of learners earning certificates continued its record-breaking growth, reaching a new 10-year high for the third consecutive year. Both first-time certificate earners (+12.6%, +41,500) and those with a prior award returning to earn a certificate (+8.0%, +11,500) saw significant increases.

In contrast, both bachelor’s degree and associate degree earners declined for the third consecutive year. Fewer students earned an associate degree this year than in any of the last ten years, and bachelor’s degree earners declined to their lowest level since 2015-16. As a result of ongoing certificate growth and associate and bachelor’s decline, the proportion of first-time completers who earn a certificate has risen from about 1 in 9 (11.3%) in 2014-15 to about 1 in 7 (15.4%) in 2023-24.

The 2023-24 academic year marks the first time that certificate completers aged 24 and younger outnumbered those 25 and older. Certificate completers 18-20 years old grew by 19,400 (17.8%) and those under 18 (likely dual enrolled high school students) grew by 7,100 (27.2%) in 2023-24.