Though CNBC recently found Oklahoma to be one of the country's very worst states to live in, it seems that the Sooner state has at least one thing going for it: a favorable economy for recent college graduates.
In a study recently published by Forbes, contributor Ben Taylor found that comparing tuition costs of four-year public institutions with income and unemployment figures resulted in a number-two ranking for Oklahoma, sandwiching it between fellow oil-rich states Wyoming and North Dakota.
Editor's note: This story has been updated with a statement from Chancellor Glen Johnson of the Oklahoma State Regents for Higher Education, which follows:
“Oklahoma higher education is pleased that our state is ranked second in the nation by Forbes for low tuition, rising personal income and low unemployment. As acknowledged in the report, our state system of higher education has kept tuition affordable for students, and students who learn here, earn here; Oklahoma Employment Security Commission data show that 87 percent of residents who graduate with a bachelor’s degree remain in Oklahoma and are employed in the state one year after graduation. Through our college degree completion initiative, Complete College America, we provide the citizens in our state additional opportunities to earn a college degree.
“Our colleges and universities drive the state’s economic advancement agenda. Oklahoma's higher education system generates more than $9.2 billion in economic impacts in the state and directly supports more than 85,000 jobs. For every dollar of state appropriations invested in higher education, $4.72 is returned to Oklahoma's economy. This report further solidifies the fact that higher education is the best investment that Oklahoma can make for a vibrant economic future.”