This study examined the percentage of Oklahoma residents who graduate from Oklahoma public colleges and universities and remain in the state, and the impact of educational level on salaries. Data on Oklahoma state system degree recipients from 1992-1993 through 1996-1997 were obtained from the State Regents' Unitized Data System. It was found that 82 percent of 1992-1993 graduates and 87 percent of the 1996-1997 graduates remained in the state. Doctorate and professional degree recipients had lower in-state employment rates than master's, bachelors, associate, and certificate graduates. Of the 1992-1993 graduates who earned bachelor's degrees, those in the fields of philosophy, education, public affairs, agricultural business, and personal services had the highest in-state employment rates, while graduates in the fields of transportation, architecture, engineering, physical sciences, and English/letters had the lowest in-state employment rates. It was also found that bachelor's degree recipients earned 14 to 15 percent more than associate degree recipients, whether they had earned their degrees in 1996-1997 or 1992-1993. Fourteen data tables are included. Appended are a tables listing standard classifications of jobs and instructional programs. (MDM)