A growing number of states use performance-based funding (PBF) systems to tie appropriations to student outcomes. Yet while many studies have examined the effects of PBF on enrollment and completion outcomes, no research has considered whether PBF affects post-college outcomes. This is of particular importance as more states directly incentivize…

This paper examines the effects of a comprehensive performance pay program for teachers implemented in high-need schools on students' longer-run educational, criminal justice, and economic self-sufficiency outcomes. Using linked administrative data from a Southern state, we leverage the quasi-randomness of the timing of program adoption across…

While the direct impacts of minimum wage changes on employment have received considerable attention, these policy changes have the potential to impact skill attainment by changing the opportunity cost of college enrollment. Using institutional data on college enrollment and program completion, we find that enrollment falls markedly among students…

College graduates earn higher wages than noncollege graduates, but questions remain about the degree to which this wage difference is driven by learning in college or by the signal that the degree sends to employers. Based on a review of the literature, I propose that the value of a marketing degree is much less related to learning marketing than…

Enrollment in American graduate degree programs is increasing, even as undergraduate enrollment declines continue in the wake of the COVID-19 pandemic. With rising numbers of graduate awards, there has been increased attention on understanding the value of these degrees, especially master's degrees. With more workers attaining higher credentials,…

Lifelong education has proven to be a significant challenge in the policy arena. The combination of formal education and labor-centered institutions has pressed the development of different mechanisms to understand the role of human capital accumulation in socioeconomic mobility and organizational performance. While the narratives of lifelong…

This paper examines indicators related to earnings and student loan debt for evaluating return on investment (ROI) for postsecondary education. It first considers four different options for measuring earnings, arguing that measures of postsecondary value should include investment-to-earnings and earnings growth metrics. The paper then discusses…

A postsecondary credential is associated with higher levels of earnings, not just in the short term, but over a lifetime. Georgetown University's Center on Education and the Workforce found that college graduates earn more than one million dollars more in lifetime wages, compared to high school graduates. However, many factors influence…

Current accountability in higher education is primarily focused on equality--the application of the same metrics to all schools no matter whom they enroll. But an accountability system that judges schools only on former students' earnings outcomes will reward schools with certain demographic profiles over others--in the context of this report,…

This memo estimates the main economic benefits of tuition-free college in Illinois. These economic benefits are compared with the costs of making tuition free. In addition, the authors consider possible fiscal benefits of tuition-free college and whether these fiscal benefits for Illinois will offset the fiscal costs of making tuition free. This…

This report compares employment and earnings outcomes of 2013 graduates in AISD with and without industry certifications and whether graduates with certifications worked in a related field. The supplemental technical report (published separately) describes the methodology. [For the supplemental technical report, see ED627091.]

This paper presents new benefit-cost estimates for the Tulsa universal preschool program. These calculations are based on estimated effects from previous papers of Tulsa pre-K on high school graduation rates and college attendance rates of students who were enrolled in kindergarten in Tulsa Public Schools in the fall of 2006. In this paper,…

The increased use of quantitative education data is often regarded by scholars as evidence of the emergence of 'governing by numbers'. These scholars ascribe major stakeholders such as the OECD and nation states agency as they produce, distribute and consume data, and respond to these with policy and management initiatives. This paper argues that…

This paper evaluates the determinants of the value of investment in higher education (absolute expected returns from higher education) among students of Russian universities, accounting for variations in the socio-economic development of different Russian regions. Based on the longitudinal study, 'Trajectories in Education and Careers', it shows…

As the largest university in the state's biggest city, the University of Wisconsin-Milwaukee (UWM) plays a crucial role in providing higher education to disadvantaged students. It also serves as the third-largest research institution in the state, behind only UW-Madison and the Medical College of Wisconsin. In 2013, an estimated $1.5 billion in…