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Greater Boston ranks 10th in assessment of best cities for new college graduates

Posted by Your Town  May 15, 2012 12:04 PM

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The Greater Boston area, including Cambridge and Quincy, ranked 10th in a recent assessment of the best cities for new college graduates.

Urban theorist Richard Florida, writing for the Atlantic Cities website, said he and a colleague used eight criteria to rank the cities, including unemployment rate, salary levels, housing costs, commuting and share of adults who have never been married.

"A good way to improve your economic prospects is to pick the right place to live,'' Florida wrote. "Choosing the right location is one of the most important, if not the single most important, decisions you will ever make. It will influence your job and career opportunities, not to mention your ability to make friends, develop personal and professional networks, and find a potential life partner.''

The Globe reported Tuesday that movers and shakers in Boston see internships as one way to prevent recent grads from leaving the area. The Globe reported that nearly half of college students leave the Boston area after graduation, and a 2008 study by the Federal Reserve Bank of Boston found that New England had the greatest rate of outflow of recent college graduates of any US region.

“Retaining talent is our single biggest inhibitor to growth here,’’ said Tom Hopcroft, president of the industry group Mass Technology Leadership Council. “Massachusetts educates the world, and so if we could just retain 5 percent more of the students that come through here, that would be transformative for the industry.’’

In the recent rankings posted on the Atlantic Cities website, the San Francisco Bay area ranked first in the rankings, followed by the San Jose area, New York-Newark-Edison, Champaign Urbana, Durham, NC., Gainesville, FL., Ithaca, NY, Ann Arbor, Mich., and Trenton-Ewing, NJ.

California had five spots in the top 25. College towns such as Durham and Ann Arbor "have highly-skilled, resilient economies. And they are great hold-over places for new grads thinking about their next move, whether it's the job market or on to grad school.''


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