In total, almost half of college graduates move out of their birth states by age 30. Only 27% of high-school graduates and 17% of dropouts do so. This is an important reason for the increasing inequality in income and unemployment rates between workers with college education and workers with less education. A college graduate today makes 75% more than a high-school graduate. This salary difference is more than double what it was in 1980, and an increasing part of this difference reflects differences in mobility.
MORE via Enrico Moretti on What Workers Lose by Staying Put – WSJ.com.
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