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For this discussion, I used information from the US Census Bureau about people over 25 that have achieved a bachelor’s degree in the Minneapolis area in 2014 and 2020

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For this discussion, I used information from the US Census Bureau about people over 25 that have achieved a bachelor’s degree in the Minneapolis area in 2014 and 2020. The estimated population in Minneapolis in 2014 was 3,599,228 and in 2020 the population of Minneapolis was 3,802,438. These populations were of people that are 25 years old or older. Of these people, in 2014, 801,653 people attained a bachelor’s degree; in 2020, 919,059 achieved the degree.

Prior to finding the information, my null hypothesis would be that in 2014 there were fewer people 25 years old or older that obtained a bachelor’s degree than in 2020. My alternative hypothesis would be that more people 25 years old or older achieved bachelor’s degrees in 2014 than in 2020.

                                             2014: ACS 1- year estimate      2020: ACS 1- year estimate

Population 25 years or greater-          3,599,228                                    3,802,438

Bachelor’s Degrees-                           801,653                                        919,059

% Population-                                     22.3%                                            24.2%

 

After looking at the data, I found that the null hypothesis can be rejected because 2020 there were more bachelor’s degrees in 2020. With the increase in population, this is not surprising that there would be more degrees achieved than when the population was lower. What was kind of shocking is that the percentage of the population did not change much because it seems that the pressure to achieve a degree has increased since 2014. I do not foresee any consequences other than if the number of degrees achieved, does not equal the number of jobs available. This could cause the inability to pay loans or utilize what someone went to school for.