Graduate completions nearly doubled between 1996 and 2016 as students responded to changing job requirements and large earnings advantages available to those with advanced degrees. Alongside international students, Black and Hispanic students each comprised a growing share of graduate completers over this span, but other racial and ethnic groups made little headway in graduate enrollments. Moreover, apart from Asian students, domestic students of color remain both overrepresented in the for-profit sector and underrepresented among STEM completers at all degree levels, limiting their access to lucrative career opportunities in rapidly expanding fields.

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