Final answer:
False, not most individuals with a Bachelor's degree go on to graduate school, as only a small percentage of the population have earned a master's or higher degree according to BLS statistics.
Step-by-step explanation:
The statement that most individuals with a Bachelor's degree go on to graduate school is false. Looking at the statistics provided, we can see that although a majority of the population in the United States have completed high school, a smaller percentage have gone on to earn a Bachelor's degree. According to data from the Bureau of Labor Statistics (BLS), only 33.6% of people aged 25-65 had a Bachelor's degree in 2014, and an even smaller segment, 7.4%, had gone on to earn a master's degree. By 2019, these figures had increased slightly with 36% holding a Bachelor's or higher degree, and 13.5% having a master's or higher degree. It suggests that most Bachelor's degree holders do not pursue graduate studies immediately or at all.