For the correlation between education and income is unmistakable . . . The third reality is that today, Ohio suffers from an education deficit. We are 12th from the bottom among the 50 states in the percentage of population with a Bachelor's Degree or higher. We're even less competitive when the comparison includes recipients of Associate Degrees. Here's an interesting fact to ponder.
Higher education benefits our economy in many ways.
One I've already mentioned is that colleges and universities provide well-prepared students who comprise a competitive workforce. Another way is that research universities like Ohio State provide innovative ideas and discoveries that drive technology and generate products and services which, in turn, create jobs for our citizens. When an Ohio State researcher scores a research breakthrough in a medical or engineering field, for example, that breakthrough does more than benefit patients. It can also launch new businesses that provide high-quality employment. Further, it attracts more talent to our state and spurs additional innovation.