Brandon McKoy

A new study finds millennials in New Jersey are not fleeing the state at a greater rate than young people in the past.

Cliff Zukin, a professor at the Bloustein School of Planning and Public Policy at Rutgers University, says 18-to-39-year-olds are the most likely to move out of state, but only a small percentage of them leave. 

When New Jersey's minimum wage goes up on January 1st, some workers who make more than that might also get a raise.

Brandon McKoy with New Jersey Policy Perspective says the 16-cents-an hour increase will directly affect 91,000 workers who now earn less than the new $8.60 minimum.

He says another 209,000 employees are also likely to make more.

"They currently make between $8.60 and about $8.76 an hour and they're going to basically see an increase in their pay as employers adjust the pay scales upward to reflect the new minimum wage."

A study by a national research group finds that states have cut funds for higher education by nearly $9 billion since the 2008 recession.

Mike Mitchell is an analyst with the Center on Budget and Policy Priorities. He says lower state funding for colleges has meant tuition increases, forcing students to incur more debt to pay for college.