The Myth Of Six-figure Welders

The myth of six-figure welders

We first wrote about welders in 2013. Its a topic we keep coming back to, most recently in a 2018 post entitled What skilled trades job actually pay. The reason why we keep writing about welders is they have become Exhibit One for the case why others' kids don't need to get a four-year degree to have a good-paying career.…

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College Entrance Exams And College Admission

College entrance exams and college admission

Paul Tough's excellent new book The Years That Matter Most explores how college entrance exams––SAT and ACT––impact who gets admitted to college. He does it by comparing the impact of college entrance exams on both admissions and college success to high school GPA. The bottom line is that college entrance exams advantage male, affluent, white or Asian, and with highly…

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Talent Attracts Capital

Talent attracts capital

In preparing presentations about our placemaking recommendations what has struck me is that the key message can be summed up in three words: talent attracts capital. Where talent means primarily those with a four-year degree or more. What the most prosperous non-energy-driven states and regions have most in common is a high proportion of their adults with a Bachelors Degree…

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Neighborhoods Without Gentrification

Neighborhoods without gentrification

In a recent post we made the case for why gentrification is a good. Something that all Michigan cities should want more of. In this post I want to explore what happens to neighborhoods without gentrification. I finished the previous post with: "Neighborhoods with high demand are vibrant, neighborhoods with low or no demand are distressed. There is no in…

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The Increasing Value Of A Four-year Degree

The increasing value of a four-year degree

We constantly hear that the value of a four-year degree is declining. Somehow conventional wisdom has it that since the end of the Great Recession college graduates are not enjoying the wage premium over those with less education than previous generations. Makes an interesting story. But it is not true! The data are clear: the value of a four-year degree…

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