This article tests effectively maintained inequality theory against the case of China. Employing Chinese College Student Survey data from 2012, the study elaborates on the rationale and causes behind the expansion of higher education over the last two decades and the impact this has had on the system. Rather than empowering disadvantaged students,…

This paper assesses the impact of the mismatch between a college major and job on college graduates' early career earnings using a sample from China. On average, a major-job mismatched college graduate is found to suffer from an income loss that is much lower than the penalty documented in previous studies. The income losses are also found to be…