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California Study Shows Exodus Hitting New Highs

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AP Photo/Matt Rourke, File

It looks like California’s high cost of living may be to blame for more people packing up and moving out.  

A new Stanford University study finds the exodus now includes college graduates and residents at all income levels.  

According to the study, “California’s high cost of living has spurred many businesses and residents to leave the state, posing serious consequences for the state’s job market and fiscal outlook.”

The research shows they’re heading to Arizona, Nevada and Texas at greater levels than ever before.