Educational mobility is quite low in the US, where the majority of people attain the same level of education as their parents, or worse. In other words, most people from uneducated families stay that way and vice versa.
–from The Economist
Approximately 26% of children in households making more than $200,000 attend private schools. New Orleans has the highest percentage of children in high schools, at 25%. Click through to read the excellent, broad study of America’s private school market. The linked study does not cover charter schools, which are an important, free alternative to poor traditional public schools.
–from The Atlantic
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
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.
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
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.
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.
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
The cost of a public education has been rising enormously with essentially no test score gains since 1970.