Graduates aren’t the only ones who get a little extra cash after they finish college. So do the cities where they live and work.
According to Carol Coletta, president and CEO of CEOs for Cities, “If you want to know how well Memphis is doing when it comes to economic development, there is only one figure you need to know: the percentage of the population who have four-year degrees.”
Yesterday, Leadership Memphis and CEOs for Cities announced the Memphis Talent Dividend’s College Attainment Initiative. The goal of the program is to increase the college attainment rate in Memphis by just one percent, thus resulting in a $1 billion talent dividend for the metro area.
Memphis currently ranks 48th out of the nation’s 51 largest cities in terms of the percentage of the population who have a college degree.
