Education > Postsecondary > Number Of Institutions > Four Year (vs)
Economy > GSP > Nominal GSP > Hospitals and nursing and residential care facilities
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Strength of correlation (R squared): 0.933 (this correlation is very strong)
This is the count of four-year, postsecondary institutions that are eligible for Title IV federal financial-aid programs and grant an associate's or higher degree. For an institution to be eligible to participate in Title IV financial-aid programs it must offer a program of at least 300 clock hours in length, have accreditation recognized by the U.S. Department of Education, have been in business for at least 2 years, and have signed a participation agreement with the Department. A four-year institution offers programs of at least 4 years duration or programs at or above the baccalaureate level. They include schools that offer postbaccalaureate certificates only or those that offer graduate programs only. They also include free-standing medical, law or other first-professional schools.
Hospitals and nursing and residential care facilities, Nominal GSP (current dollars) GSP, or Gross State Product is the value of all the goods and services produced in a state. Specific industries measured will give the value of all goods and services in that industry. The Nominal Gross State Product measures the value of all the goods and services produced expressed in current prices. On the other hand, Real Gross State Product measures the value of all the goods and services produced expressed in the prices of some base year.
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