Posts Tagged ‘human capital and educational attainment’

David Miller
by David Miller
Thu Dec 10th 2009 at 5:16pm UTC

SBA on Brain Drain, Mobility, and BA Attainment

Thursday, December 10th, 2009


Earlier this week, Chad Moutray, Chief Economist of the Office of Advocacy for the SBA,  released a research paper titled Educational Attainment, “Brain Drain,” and Self-Employment: Examining Interstate Mobility of Baccalaureate Graduates, 1993-2003.

The paper makes use of the Dept. of Edu’s 2003 Baccalaureate and Beyond (B&B) database. Moutray investigates the employment and location of self-employed and wage and salary workers 10 years after graduation. Some of the findings include:

  • academic achievement (grades) is more likely to indicate higher mobility than choice of major
  • states with “knowledge economies” are more likely to attract these highly mobile college graduates
  • having strong ties to home detracts from mobility – actually owning a home ‘crushes’ mobility for self-employed

You can download this interesting and important paper via the SBA’s Office of Advocacy and here’s the link to the December 8 press release.

Richard Florida
by Richard Florida
Thu Jan 29th 2009 at 11:04am UTC

State of Human Capital

Thursday, January 29th, 2009

The U.S. Census has just released its latest assessment of human capital and educational attainment (h/t: Kevin Stolarick). It’s the first assessment to use information from both the Current Population Survey and the American Community Survey which enables analysis of historical trends and state-by-state comparisons. Lots and lots of interesting nuggets:

  • 27 percent of U.S. adults have a bachelor’s degree or above.
  • Those with a bachelor’s degree on average earned about $20,000 more a year ($46,805) than workers with a high school diploma ($26,894).
  • A slighly larger percentage of foreign-born residents (11 percent) had advanced degrees (that is a master’s degree or above) then those born in America (10 percent).