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Two of the biggest factors influencing site selection decisions are the availability and quality of talent. One of the ways companies compare regions when selecting locations is to compare educational attainment for adults age 25 and older. Many of the high-wage, high-demand jobs require education after high school. Many corporate relocations are clustered in a few US cities because few communities have high educational attainment rates.
The US has an educational attainment crisis on its hands. According to the US Census American Community Survey, 12.6 percent of adults age 25 and over had a graduate or professional degree in 2018. Twenty percent of adults age 25 and over had a bachelor’s degree. 8.6% had an associate’s degree. 20.3% had some college, but no degree. 26.9% had only a high school diploma. 6.7% had an educational level between 9th and 12th grade. 5% had an educational level less than 9th grade.