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Students celebrate at the commencement ceremony at UCLA's School of Theater, Film and Television on June 17, 2005 in Los Angeles, California.
A new report from a group of independent business and civic leaders projects that California will need more than 5 million new students with bachelor’s degrees or technical credentials and about 2 million more students with post-secondary degrees by 2025 to fill job needs and remain economically competitive with other states.
How can that be, with so many people currently seeking jobs in California? And with increasing tuition and student debt, how can higher education prepare itself to churn out 4% more graduates each year?
Jerry Nickelsburg, senior economist, UCLA Anderson Forecast; lecturer, UCLA Anderson School of Management