In Chapter 1 I investigate the supply of college majors and how this facet of institutional behavior influences student outcomes and costs in higher education. As a first contribution, I identify a decades-long trend in 4-year postsecondary education in the United States--the production of bachelor's degrees measured by their concentration across…

This paper compares partial and general equilibrium effects of alternative financial aid policies intended to promote college participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labor supply, and consumption/saving decisions. Altruistic parents make inter vivos transfers to…

Recent cohorts of college enrollees are more likely to work, and work substantially more, than those of the past. October CPS data reveal that average labor supply among 18 to 22-year-old full-time undergraduates nearly doubled between 1970 and 2000, rising from 6 hours to 11 hours per week. In 2000 over half of these "traditional" college…

With funding from the Joyce and Lumina foundations, Jobs for the Future (JFF) launched Credentials that Work to help postsecondary institutions, regions, and states align their occupational training programs to changing market demands. This initiative incorporates innovations in real-time labor market information in guiding institutions to better…

Over the past decade, policymakers and business leaders across New England have been concerned that the region's slower population growth and loss of residents to other parts of the country will lead to a shortage of skilled labor--particularly when the baby boom generation retires. Prior to the Great Recession, the concern was that an inadequate…

In the near future, the factor that may become the greatest hindrance to both industrial growth and to economic growth as a whole is the shortage of labor resources, a shortage that even now is keenly felt in the sphere of production. For this reason, the structure and quality of the labor capital that is being turned out by the system of…

This article presents how the fast expansion of information technology industry in eastern Slovakia is putting a strain on its labor supply. Suddenly, computer-science graduates have become one of the former Eastern Bloc's greatest assets, attracting multinational technology companies hungry for skilled programmers, technicians, and engineers.…