With the cost of college tuition at an all time high, some may wonder if it is even worth it to invest the time and money it takes to earn a four-year degree. In state tuition at a state school is, on average, more than five times as expensive as it was in 1990 — which could put a huge financial burden on students and their families.
Still, a college education can be incredibly beneficial. The right degree from a good school can lead to many more and higher paying job opportunities otherwise unavailable to less educated workers.
> Most educated city: Ann Arbor
> Pct. of adults with a bachelor’s degree or higher: 54.8%
> Median household income: $65,601
> Unemployment rate: 3.4%
> Number of postsecondary institutions: 8
Ann Arbor ranks as the most educated city in MIchigan and the second most educated city in the United States. Most of the city’s adult residents, 54.8%, hold at least a bachelor’s degree. The area’s high education attainment is likely partly due to the fact that the University of Michigan is in Ann Arbor. The university had more than 44,000 students in the fall of 2016.
A large chunk of Ann Arbor’s educational skills are likely being put to use in state government. At 29.9%, the city has a larger percentage of its labor force working in state government than any other metro area in the country.
24/7 Wall St. reviewed data from the U.S. Census Bureau’s 2016 American Community Survey to identify the most educated city in each state. Nationwide, 31.3% of American adults have earned a bachelor’s degree. However, college attainment rates vary greatly by state — from 42.7% of adults in Massachusetts to 20.8% in West Virginia. As a result, the best educated city in some states are home to a lower concentration of college educated adults than the U.S. as whole. In other cities on this list, over half of all adults have a bachelor’s degree or higher.