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

LeftBrainNumbers

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).