The Bachelors Degree Premium Detailed

The bachelors degree premium detailed

The Federal Reserve Bank of St. Louis' report The Financial Returns from College across Generations: Large but Unequal details the bachelors degree premium irrespective of race or parents education. And that premium is substantial for all. The data come from Federal Reserve‚Äôs 2016 Survey of Consumer Finances which surveyed a nationally representative sample of 6,248 families. The report analyzes the…

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Detroit, Grand Rapids And Minneapolis Work Earnings

Detroit, Grand Rapids and Minneapolis work earnings

In our last post we explored 2017 American Community Survey data on median earnings from work of those 25 and older who worked for the nation, Michigan, and Minnesota. Earnings included in the data are wages and salaries from a job plus net self-employment income. In this post we look at that same data for the Detroit, Grand Rapids and…

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New Data On Earnings From Work By Education Attainment

New data on earnings from work by education attainment

The recently released 2017 American Community Survey provides data on median earnings from work of those 25 and older who worked. The table at the end of this post presents that data for the nation, Michigan, and Minnesota--the Great Lakes most prosperous state. Earnings included in the data are wages and salaries from a job plus net self-employment income. Employer-paid…

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Michigan Needs More Than Fixing The Roads

Michigan needs more than fixing the roads

If there is one issue that both Michigan candidates for governor seem to agree on it is that fixing the roads is a top priority. Good news in a state that for a decade or more let its 20th Century infrastructure crumble. But saying you are in favor of fixing the roads is not enough. First we need to know…

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Time For A New Approach For Achieving Prosperity

Time for a new approach for achieving prosperity

From our inception more than a quarter century ago Michigan Future's focus has been on achieving prosperity for all Michigan households. Recreating a Michigan that is one of the most prosperous places on the planet as we were for most of the 20th Century. In our first-ever state policy agenda we pull together all that we have learned about the…

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