Ball State Research Links Education Level, Earnings

Posted: Updated:
The Whitinger Business Building houses the Miller College of Business and the CBER. The Whitinger Business Building houses the Miller College of Business and the CBER.
MUNCIE -

A new report from the Center for Business and Economic Research at Ball State University used data from 2014 and found that five of the 10 counties with the highest earnings also had the populations with the most education. The study also suggests that college graduates living in Indiana tend to cluster in the same communities.

In addition, the research connects employment growth and population growth in Indiana counties. Study Author Nathan Law says "at the individual level, a college degree is ever more important in obtaining a job, and at the regional level, higher educational attainment can help attract jobs to an area. More jobs and more employment are associated with higher wages. Wage increases may be triggered by the need to attract and retain highly skilled workers who may seek out other job opportunities in the region."

The Relationship Between Educational Attainment & Wages report also shows a connection between lower levels of educational attainment and "significantly lower levels of income." The average per capita income in the 10 counties with the lowest levels of educational attainment is $20,660, while the 10 counties with the highest attainment levels averaged $28,973.

You can connect to more about the study from the Center for Business and Economic Research by clicking here.

  • Perspectives

    • I Lost My Engagement Ring!

      You lose something of value and your first question is "is it covered?" Insurance policies provide a limited amount for such losses, but generally not enough to cover expensive items. To be fully reimbursed, what do you do?   When you purchase a standard homeowners or renters insurance policy, you assume all your personal property is fully protected in the event of a loss. That’s not necessarily true. Items of significant value, as well as any exclusive...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Hoosier Cities 'Lowest Cost of Living' List

      Three communities top a national list of Cities with the Lowest Cost of Living in America. Niche.com, a site that focuses on public data on schools and neighborhoods, ranks four Indiana cities in the top 20. The site bases the rankings on factors including consumer price index and access to affordable housing, using data from the U.S. Census and the Bureau of Labor Statistics. You can see the full rankings by clicking here. The top 20 are...

    • Lilly Announces $72M Indy Investment

      Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced plans to invest $72 million in an insulin manufacturing project at one of its Indianapolis facilities. The company says the investment will replace an existing insulin vial filling line and allow it to meet growing demand for its insulin products. The project is part of the $850 million in U.S. investments that Lilly announced in March. Chief Executive Officer David Ricks says the move...

    • Technicolor Details Indy Layoffs

      California-based Technicolor Inc. says it will close its office on the north side of Indianapolis by the end of the year. In a notice to the state, the company says the closure will leave 95 employees out of work. 

    • Another Tech Company Adding Indy Jobs

      Indianapolis has landed another win in what has been a busy week for the city's burgeoning tech industry. Software company myCOI has announced plans to expand its Indianapolis headquarters and create up to 185 jobs by 2021. The company, whose platform tracks and manages certificates of insurance, won last year's Venture Club of Indiana Innovation Showcase. Its clients include Caterpillar Inc. (NYSE: CAT), Cushman and Wakefield and the Indianapolis Motor Speedway.

    • Team 360 Stays in Indy For Expansion

      Indianapolis-based Team 360 Services has announced expansion plans that could result in nearly 140 jobs over the next two years. The fire protection and building services company currently employs more than 300, the majority of which are in Indianapolis. During an interview in March on Inside INdiana Business Television, Chief Executive Officer Michael Crafton talked about how a "bro hug" after a night out in Indianapolis helped launch Team 360 a decade ago.