CityLab editor-at-large Richard Florida takes a deep dive into the cities most likely to retain their college graduates.
Surprisingly, the hard-hit Detroit metro area tops the list with a 77.7% retention rate, according to data from Jonathan Rothwell at the Brookings Institution’s Metropolitan Policy Program.
On the other end, the metro with the lowest retention rate is Phoenix with 36.3%.
Rothwell and his colleague Siddharth Kulkarni collected data on where college and university grads reside from LinkedIn’s alumni profiles, which list the most common urban locations of alumni. This data covers over 1,700 of the largest U.S. colleges and universities (721 two-year institutions and 984 four-year ones), which graduate approximately two-thirds of all students. With the help of my Martin Prosperity Institute (MPI) team, I then mapped this data by metro.
It's an intriguing look at a time when cities and metros across the United States have greatly increased their efforts to retain college graduates, who are seen as a key driver of innovation and economic development.