This is bad news for anyone who was hoping to lounge on the beaches of Hawaii after graduation.

The Honolulu Civil Beat reported.

Is Higher Education Less Valuable In Hawaii?

Hawaii residents are more likely to have a college degree than their mainland counterparts, but may not be reaping the same economic benefits of higher education, according to statistics analyzed by the Hawaii State Department of Business, Economic Development and Tourism.

According to the report, 62.6 percent of Hawaii residents over the age of 25 had at least some college education — about 4 percent more than the national average. Hawaii also posted a higher percentage of residents with bachelor’s degrees. And there were fewer high school dropouts living in the state, with only 9.3 percent of residents age 25 and older lacking a high school diploma, compared to 13.6 percent nationwide.

Oddly though, the educational attainment of Hawaii’s residents doesn’t seem to be providing the same benefits that it might elsewhere. Basically, Hawaii’s labor market seems to be “favorable to those with less education” but not so great for those with college degrees.

“For the education levels ranging from below high school to some college, Hawaii’s median earning outpaced the national average,” according to the report.

“However, median earning for individuals in Hawaii with a bachelor’s degree or higher was about 7 percent lower than its national counterpart, posing a question of whether or not higher education is valued as much in Hawaii as it is in the nation,” the report states.