Higher college graduates improve economic outlook

A recent article from the New York Times highlights the impact an educated population can have on a metro areas economy. As explained in the article, cities where more than 40 percent of the adult residents have college degrees are experiencing the most economic growth.

Conversely, metro areas where less than a fifth of the adult residents have college degrees, are being left behind. The divide shows signs of widening as college graduates gravitate to places with many other college graduates and the atmosphere that creates. Tulsa county fairs somewhat well in the national scheme, but with room for improvement, with slightly less than 40% of working adults having a professional certification or degree.

The recession amplified the trend. Metro areas where more than one in three adults were college-educated had an average unemployment rate of 7.5 percent earlier this year, compared with 10.5 percent for cities where less than one in six adults had a college degree, according to Edward Glaeser, an economist at Harvard

Read more from the New York Times.

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