More Young College Graduates Are Staying Local

The world is your oyster when you’re a young college graduate. A person’s early twenties are the most common time to relocate to another state due to the new possibilities after graduation. However, statistics show that more than ever, recent college graduates are refraining from leaving the state they originated from.

According to Forbes.com, economists Robert Kelchen and Doug Webber have measured the share of young adults aged 22-24 with a bachelor’s degree who have moved to a different state in 2016. While 12% did move, the number is down four percentage points (16%) from 2001.

Statistics also show which states draw the most interest from young graduates. California and Texas are two examples, due to their booming economies. However, northern states don’t fare as well, with our own Rhode Island as one with the biggest net loss of college graduates.

To check out the full report, click here.

Are you currently in college and know that you’ll be on the move after graduation? Call us and Arpin is happy to help!