The share of Americans with college educations have gone way up.
President Obama’s Commencement Address to the Class of 2016, Rutgers University
The Obama White House

This is undoubtedly true. The percentage of Americans 25 and older with a bachelor’s degree was roughly 14 percent in 1983 (it was 13.6 percent in 1980). That more than doubled to 32.7 percent by 2015. Source:

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