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In 1973, 29 percent of all U.S. jobs required postsecondary education. In 1992, 52 percent did. And in 2018, a projected 62 percent of all jobs will require postsecondary education. At the same time, many students and their families came to believe that a college's cost directly reflected the quality of the education it offered and the long-term value of the degrees it granted. Rankings like those in U.S. News & World Report reflected this biased perception and encouraged the public to think that way as well.
