In Europe far fewer people go to college vs the US (apart from Norway, UK, NL). Moreover, they have significantly more rigorous secondary educations, especially on the technical track.
Though note that the gap closes when you compare "equivalent to a 4-year degree or higher" rather than "equivalent to a 2-year degree or higher". Seems that 2/3 year degrees are much more common in the US for some reason. Wonder if that's 3-year bachelor's degrees vs. the more common 4-year in many European institutions.
E.g. US/UK/DE/FR, pct completed for 25-34 yr olds:
2 year: 47/49/30/45
4-year: 36/42/28/28
I'd be interested in further reading/analysis as this is a pretty rough eyeball of the tabular data on my part, and I'm not claiming to have understood this fully.