As the cost of living continues to increase over time, many Americans are placing greater scrutiny on the financial choices they make. An area for such evaluation is if the outcomes of going to college continue to be worth the cost. One underrepresented group, first-generation college students (FGCS), is less likely than non-FGCS to attend and…

The massification of higher education has dramatically changed the association between credentials and jobs in advanced countries, while its impacts in transitional economies have received less academic attention. To address this research lacuna, the paper utilizes rich information from China's national surveys of college graduates from 2003 to…

This paper compares the employment outcomes of liberal arts graduates from Dutch university colleges with those of their peers who pursued conventional, subject-specific bachelor's degrees. Using data from the Dutch National Alumni Survey, the analysis includes 14,933 respondents who completed a master's programme at a research university, with…

This paper estimates private and social returns to investment in education in Azerbaijan, using the 2015 Azerbaijan Monitoring Survey for Social Welfare. The private rate of return to education is 6 percent; this is the first estimate of returns to schooling in Azerbaijan since 1995. The returns to schooling are 6 percent for men and 8 percent for…

This paper addresses international student migration, return migration and labor market entry by examining the effects of graduate educational migration on employment, type of employment, wage and wait time to obtain employment. Using primary data collected in 2021 on 1774 burkinabè graduates, including non-migrants and migrants (returnees and…

Marketing educators have long been interested in the value of the education they provide, and the importance of educational value has accelerated in an age of increasing educational options, rising college tuition and residential costs, and rapidly changing market needs. The present study surveys marketing managers and utilizes Thurstone pairwise…

Undergraduate marketing degrees have been shown to have the same impact on post-graduation income for marketing jobs as non-marketing undergraduate degrees for similar marketing jobs. Moreover, having a marketing degree has been shown to not impact long-term career satisfaction. However, previous research has not accounted for the possible…

With growing numbers of university graduates, the choice of academic programs has gained in importance to enter the labor market successfully. Simultaneously, the link between the field of study and actual professional career is becoming increasingly blurry. This paper aims to contribute to a better understanding of these relations and to position…

The question of why postsecondary institutions produce different labor market outcomes is difficult to answer due to unobserved student characteristics. Here, I leverage students' geographic proximity to three classifications of postsecondary institutions -- earnings-enhancing, competitive, and Historically Black Colleges and Universities (HBCUs).…

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,…

In a prior study, MDRC researchers found that Small Schools of Choice, a SIG-approved high school reform initiative, markedly and consistently increased high school graduation rates in New York City when it was implemented in 100+ high schools between 2002 and 2008. A four-year follow-up study found that the initiative increased students'…

Conventional wisdom regards a college degree as necessary for a well-paying job and a good life. By focusing on average earnings, this conventional wisdom obscures the enormous variability in outcomes at each education level; in fact, the top half of high school graduates earn in the same range as the bottom half of college graduates. However the…