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Prosperity Through Education: Part Two

Stacy Bogard

By Stacy Bogard, CAE, MASB Assistant Director of Communications, PR & Marketing

DashBoard, Feb. 7, 2018

Michigan Future Inc. released three reports on prosperity last year—a 21st century policy agenda followed by documents focused on education and shared prosperity.

In the most recent MI SoundBoard podcast, Executive Director Don Wotruba continued his conversation with Michigan Future Inc. President Lou Glazer (Part One can be accessed here). Among the topics in this episode, they discuss where recent graduates want to live and what statewide factors influence those choices.

Listen to the full conversation through the following links or read a transcript of the beginning of part two of the conversation with Glazer below.

ITunes

Google Play

Listen Online

DON WOTRUBA: Welcome to this episode of MI SoundBoard. With us today for part two of our conversation is Lou Glazer, President of Michigan Future.

Welcome back, Lou.

LOU GLAZER: Thank you.

WOTRUBA: We were talking about a path to good-paying careers for all Michiganders. A report that Michigan Future did in April of this year, and we talked a lot about the K-12 space and education and the recommendations related to that. But what we didn’t get into when we first talked is a conversation on kind of where people that are graduating from college want to live and what needs to be done for that. And then we haven’t talked about the investment piece that states need to make or have made across the country when they want to do this.

So one of the things, and I think about the red and blue state dilemma that we’re in and look at how that breaks down. One of the things that you talk about in the future, and we see it in some already, is that our kind of dynamic young people that are graduating from college and looking for jobs, really care about where they live.

GLAZER: Yes.

WOTRUBA: And where they’re looking to live right now is cities, and I also was recently at our Annual Conference, and somebody, one of our guests there also talked about, in the future, everybody’s prognosticating that the majority of people are going to live in the cities. And if we don’t do a good job in Michigan of making our cities attractive, we’re going to continue to export kids outside of Michigan and they’re gonna live in the Chicagos and the Minneapolises and others. Tell us a little bit about that thought.

GLAZER: As you know, as we talked about in the first part of this interview, sort of all of our work has been data-driven. In addition to this high correlation between college attainment and prosperity the data’s also pretty clear that young professionals, recent college graduates, are the most mobile part of society. So that’s really why they matter most. It’s why companies really are moving toward where they are kind of and they are moving a. to big metros.

Ninety-five percent of 25- to 34-year-olds, 95% with a four-year degree live in America’s like 300 metros and 50% live in only 20. So they are very highly concentrated in big metros, and in those big metros a substantial proportion is in the central city. So, and at the moment, our two big metros, metro Grand Rapids and metro Detroit, are not talent magnets. They’re simply not competitive with the Chicago and Minneapolises of the world. So what you end up with, even with a strong Michigan economy now and a very low unemployment rate, Michigan is still an exporter of recent graduates, and unless you reverse that, you are not going to have a high prosperity of economy.

The next MI SoundBoard interview is with Tyler Sawher, Senior Strategy Advisor for Education & Career Connections in Gov. Rick Snyder’s office. It will air this Friday, Feb. 9, 2018. Subscribe today through ITunes or Google Play to receive a notification when new episodes are available.

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