The purpose of this study is to determine the factors relating to school dropout from the perspective of dropout students, their teachers, and their parents. It also explores students' experiences after school dropout. To this end, in this qualitative study, five young adults who dropped out of middle or high school and their parents and teachers…

The Federal Reserve (the Fed) is the central bank of the United States. It has a congressional mandate to promote maximum sustainable employment and price stability. In normal times, the Fed seeks to achieve this mandate by setting the position or "stance" of monetary policy, primarily by managing the level of short-term interest rates.…

The members of the high school Class of 2019 who enter the labor market right after graduating have better job prospects than young people who graduated from high school into the aftermath of the recession, a result of the steady (if slow) progression of the economic recovery. This study analyzes data on recent young high school graduates (ages…

This study analyzes data on recent young high school graduates (ages 18-21) to learn about the Class of 2018's economic prospects as they start their careers. The report begins by providing a snapshot of the educational attainment of all young adults in this age group (not just graduates) and of all working-age adults (ages 18-64) to provide…

Higher education could be one of California's most effective tools for combating economic and social inequities. College graduates experience large wage gains and their jobs offer more benefits than those of workers without bachelor's degrees. College graduates are also relatively insulated from recessions--including the current downturn--and…

This report provides a contribution to the growing public policy debate around how to combat structural inequality by quantifying the power of community college as a pathway to economic mobility. Until recently, it has been difficult to accurately estimate the return to a community college education in Massachusetts because numerous factors affect…

I investigate how the educational demands of local labor markets shape high school course offerings and student course taking. Using the Education Longitudinal Study of 2002 linked to the U.S. Census 2000, I focus on local economic variation in the share of jobs that do not demand a bachelor's degree. I find that schools in local labor markets…

This paper examines the importance of "self-determination" and "hard work" found within interviews with a group of young people in Manchester, England. The author suggests that moments of apparent contradiction within the interviews have much to offer, particularly when analysed in relation to discussions of inequality and…

While empirical studies on rural education have defined many of the socioeconomic factors associated with rural students nationally, there is a lack of definitive and comprehensive research defining the benefit or value of career technical education for rural California high school students. Consequently, this lack of research may in turn…

Education is the catalyst for families, communities, and businesses to thrive. While Washington's employers report a growing need for a more educated workforce in order to stay competitive, many individuals need higher levels of education to obtain work that can support themselves and their families. Washington's Roadmap goals identify the…

Motivated by the large differences in labor market outcomes across college majors, we survey the literature on the demand for and return to high school and postsecondary education by field of study. We combine elements from several papers to provide a dynamic model of education and occupation choice that stresses the roles of the specificity of…

Using data linked across generations in the Panel Study of Income Dynamics, I estimate the relationship between exposure to volatile income during childhood and a set of socioeconomic outcomes in adulthood. The empirical framework is an augmented intergenerational income mobility model that includes controls for income volatility. I measure income…

For those who question the value of college in this era of soaring student debt and high unemployment, the attitudes and experiences of today's young adults--members of the so-called Millennial generation--provide a compelling answer. On virtually every measure of economic well-being and career attainment--from personal earnings to job…

"Research Messages 2014" is a collection of summaries of research published by the National Centre for Vocational Education Research (NCVER) in 2014 in the context of changing economic, industrial, social and education conditions, organised under the following broad categories: (1) Productivity: to sustain and build Australia's human…

This paper examines the effect of teacher relative wages and teacher wage dispersion on high school graduates' preferences for teaching majors in College. This approximation to teacher quality is appropriate in a country like Venezuela as opposed to the US since the rigidity of the tertiary school system significantly limits mobility between…