By showing the effects of geographic mobility for study and labour purposes, the aim of this study is to explain which are the main factors of earning differentials among graduates and to estimate the employment probability with relation to different Italian universities and different degree courses. In particular, the report aims at providing an estimate of the effects of geographic mobility on graduates' earning differentials and employment probabilities by comparing southern universities and those in other Italy's areas. In addition, in order to compare national results with local results, this report includes in the analysis a sub-sample of residents in southern regions. Focusing on territorial features and different academic offerings enables to outline incoming and outgoing mobility patterns, highlighting the effects of southern human capital migration towards North-Central regions' universities.