The percentage of young adults who graduate with a college degree is up nationally according to the US Department of Education.
More than half of the states have a reason to celebrate but Florida isn't one of them.
The study looked at state by state numbers of college graduates age 24-35 in 2010, the latest numbers available.
It says the number of those adults with a college degree fell by one tenth of a percentage point in Florida.
That's equal to 19,000 young adults.
Florida College Access Network director Braulio Colon says these numbers don't look at the whole picture.
"It doesn't mean that graduation rates have fallen," he said, "What it means is that the total population within that cohort in the state of Florida who have college degrees has dropped for some reason."
Colon said the number of degrees being earned in all age groups from Florida universities and colleges has steadily increased over the years.