Archive for the ‘Education’ Category

University-Educated Americans Moving to Different Cities than High-School Dropouts

June 17, 2014

This chart shows the net domestic migration between US cities from 2011 to 2012 by educational attainment. Cities like San Francisco and Seattle gained highly educated workers while losing those with high school diplomas or less, while cities like Tampa and Atlanta gained less-educated new arrivals. Large cities like New York still gained population overall via immigration, but lost domestic population.

–from The Atlantic’s CityLab 

Number of Doctoral Degrees Earned in the US in 2012: 51,008

January 30, 2014

There were 51,008 doctoral degrees granted in the US in 2012. The top five doctoral-granting states were California, New York, Texas, Massachusetts, and Pennsylvania. Of these graduate students, the vast majority are American citizens.

–from visualstatistix

Underemployment Rates for Recent College Grads Similar to 1990s

January 22, 2014

Overall underemployment rates for recent college grads is similar to levels in the early 1990’s. The main difference, as seen in the bottom chart, is that the share of recent grads with low wage jobs has increased substantially, even though the overall rate hasn’t changed much.

–from The Atlantic

Textbook Prices Grow at more than Three Times CPI

December 20, 2013

The CPI of educational books has increased 812% since 1978, while the entire CPI has only increased 250%. Click through for a nuanced and interesting discussion of educational textbook economics.

–from Pricenomics.com

Wealth and Aptitude Test Scores Highly Correlated

December 3, 2013

The scores for the Armed Services Qualification Test are highly correlated with income, indicating that wealth provides a set of skills that is difficult to otherwise gain during youth.

–from The Brookings Institute and The Atlantic

Metros with the Most Educated Residents

November 13, 2013

degrees

There are only a handful of outlier metros that educated Americans are moving to, most notably the Bay Area and Raleigh, NC. The biggest and most well-known college towns (Ann Arbor, Ithaca, Ames, etc.) have extremely high shares of educated residents, largely due to their academic company-town environments. Click through for a searchable, interactive version.

–from NationalJournal.com

Almost Half of American Jobs Highly Susceptible to Automation

October 1, 2013

automation

47% of US employment is highly susceptible to automation within the next twenty years. In other words, almost half of current jobs in America will, quite soon, no longer exist. This is especially true of low-skill, low-income positions, which are highly correlated with susceptibility to automation. Thus, jobs requiring higher education are considered the “safest” for the next few decades.

–from Oxford University’s Programme on the Impacts of Future Technology

Public School Costs Rising while Test Scores Remain Flat

August 9, 2013

The cost of a public education has been rising enormously with essentially no test score gains since 1970.

–from Stockwits.com

Inherited Wealth, Social Mobility, and College

June 19, 2013

 

This chart shows the fascinating pattern of inter-generational wealth and poverty in America. Of those raised in the top income quintile, 40% stay there while 43% of those raised in the bottom stay there. Also, a person raised in the top income quintile who does not go to college has a 2.5x higher change of staying in the top then someone from the bottom 20% who does go to college. Click through for a fascinating look at wealth and the effects of college.

–from mattbruening.com with data from Pew’s Economic Mobility Project

Student Loan Debt Reduces Likelihood of Buying Homes, Cars

June 6, 2013

Having student loan debt lowers the likelihood that a young American will purchase a home or car. Student loan debt is nearly inescapable and growing, increasing the chances that this trend will escalate over time.

–from The Washington Post


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