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Only 23 percent of working-age black adults in California hold bachelor's degrees, according to a new report from the Campaign for College Opportunity, compared to 42 percent of their white counterparts. And one-third of black adults in the state attended college but earned no degree. The report also found that black undergraduates are underrepresented at four-year public and private nonprofit universities in the state. They are overrepresented at California community colleges and for-profit institutions, however.