Over the past 30 years, a shift occurred in higher education that saw more of the burden for paying for postsecondary education placed on students. Combined with rising tuition and fees, this has led students to take on increasing amounts of student debt. Despite the historic rise in student loans, surprisingly little attention has focused on…

The advantages of higher education have received significant attention over time. However, recent research seems to challenge this assumption. It highlights that returns to education may be subject to inflation, may vary in relation to skills, and may not be equally distributed, thus posing new questions about the role of formal education. Against…

This dissertation studies the effect of higher education costs on students' outcomes in the labor market, particularly when credit constraints are absent. It utilizes the UK's institutional setting to identify such an effect. The key findings are as follows. (i) Increasing tuition fees does not have adverse effects on students as long as credit…

State and federal governments invest millions of dollars in providing accurate and relevant information on expected outcomes to students pursuing higher education, but whether such information targets what students value about college is unclear. We use new survey data to identify the extent to which conventional indicators for college quality and…

This paper introduces a new measure of the labor markets served by colleges and universities across the United States. About 50 percent of recent college graduates are living and working in the metro area nearest the institution they attended, with this figure climbing to 67 percent in-state. The geographic dispersion of alumni is more than twice…

This paper introduces a new measure of the labor markets served by colleges and universities across the United States. About 50% of recent college graduates are living and working in the metro area nearest the institution they attended, with this figure climbing to 67% in-state. The geographic dispersion of alumni is more than twice as great for…

This dissertation consists of three chapters that study individual investment in human capital and the incidence of economic shocks. I use administrative data to answer these questions, developing and applying structural methods to analyze individual choices in combination with a careful consideration of research design. Chapter 1 studies the…

The protracted COVID-19 pandemic has exerted considerable pressure on the employability landscape. Even when the global economy continues to recover gradually after the pandemic, many challenges remain, and it is too early to celebrate. This research adopts a mixed-method approach. A questionnaire survey (n = 151) and focus group interviews (n =…

The ongoing COVID-19 pandemic has created challenges for young people in the labor market. Based on an evolutionary life history perspective, we tested how and when perceived scarcity of job opportunities during the pandemic related to job search outcomes. Using a sample of Master's student graduates (N = 1434; 40.2% female; mean age 25.6 years)…

Introduction: The current development of the world economy defined as the Fourth industrial revolution (Industry 4.0) is rather determined by a larger social change caused by the interconnection of the physical, virtual, and social worlds. It affects the market of products, production factors, sectors, services, education, research, social…

Concerns about expansion in higher education (HE) have increasingly become a focus of educational policymakers in sub-Saharan countries. However, critical analysis and discussion of the expansion of higher education in Mozambique and changes in its composition have received little attention. We used historical track data provided by the Ministry…

The Chinese Government is clear that investment is needed to upskill the workforce, yet VET students, who will play a key role in the upskilling, continue to be positioned at the bottom of the educational hierarchy and suffer considerable societal prejudice. This paper presents new findings on Chinese VET students' perceptions of the job market…

This dissertation consists of three quantitative studies analyzing educational policies and programs that help to improve college readiness, college success, as well as the transition from college to the labor market. The first chapter studies the impact of raising the bar for high school math on college readiness and success. The chapter examines…

Higher education institutions are responsible for providing their graduates with relevant job skills that will allow them to compete in the labour market. With this in mind, the purpose of this study was to identify the factors associated with graduate unemployment in Ethiopia. The data were collected, analysed, and interpreted using a…

While there is a rich literature on the school-to-work transition in developed countries, an equally robust literature is lacking for post-communist countries. We analyse the patterns of labour market entry of higher education graduates in several formerly communist countries by drawing on the HEGESCO data set, which provides information on the…