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