This Accountability Report shows the status and progression of the Florida Gulf Coast University (FGCU) from one year to the next. The Executive Summary is divided into the following sections: (1) Dashboard; (2) Performance Funding Metrics; (3) Key Achievements; and (4) Narrative. Data tables on FGCU's financial resources, personnel, enrollment,…

This paper was a keynote address at the Australian Vocational Education and Training Research Association (AVETRA) conference held in Canberra in April 2012. The author notes that industry is arguably the key stakeholder in the Australian vocational education and training (VET) sector, but is not a single actor nor a disinterested consumer of…

The unemployment rate dropped to 7.8 percent in September, falling below 8 percent for the first time since January 2009. Furthermore, the share of working-age Americans who are employed increased to 58.7 percent, the highest level since May 2010. Employers added 114,000 jobs last month, and an average of more than 145,000 over the past three…

After compulsory secondary education; many teenagers face the process of choosing a university degree. This process involves uncertainties referred to their personal abilities, interests, social expectations and professional future. The present work is aimed at determining whether the reasons behind the selection of a particular university degree…

This report revisits the debate about why social mobility levels are relatively low in Great Britain and the United States of America compared to other countries. It focuses on three main areas within this debate: (1) the changing role of educational inequalities; (2) the expectation of ever higher levels of education as revealed in increasing…

This paper employs conditional second moments to identify the impact of education in wage regressions where education is treated as endogenous. This approach avoids the use of instrumental variables in a setting where instruments are frequently not available. We employ this methodology to estimate the returns to schooling for a sample of…

As the college class of 2011 graduates in the aftermath of the Great Recession, some graduates are struggling to find a good job--or any job at all. As a result, many are questioning whether the time and expense of college was worth it. The authors try to answer this question by comparing the economic benefits of a college degree to its costs, as…

This article documents a model for forecasting earnings of the nontraditional student based on macrolevel changes in educational attainment within the workforce using data from the U.S. Census Bureau. It also presents a theoretical case that illustrates the value of improving one's educational attainment level in order to sustain an annualized…

With the growing demand for improving college completion rates has come a need for more thorough information about just how well or poorly colleges and their students are performing on a variety of measures. In a growing number of states, that data is being used to improve the number of students who finish their degrees. Some states and…

There is much disagreement in the literature over the extent to which graduates are mismatched in the labour market and the reasons for this. In this paper we utilise the Flexible Professional in the Knowledge Society (REFLEX) data set to cast light on these issues, based on data for UK graduates. We find substantial pay penalties for…

Private schooling, in its various guises, is an important feature of education systems across the world. The existence of a private education sector generates the possibility for parents to opt their children out of state provided education. In the case of the UK, private schools, though far less numerous than state schools, have for a long time…

This paper studies the incidence and consequences of the mismatch between formal education and the educational requirements of jobs in Estonia during the years 1997-2003. We find large wage penalties associated with the phenomenon of educational mismatch. Moreover, the incidence and wage penalty of mismatches increase with age. This suggests that…

Over the years, there has been a persistent lack of available information about the economic consequences of choosing one academic major over another. As a result, students have had little financial data on hand to help them choose between majors. No longer. This report finds that different majors have different economic value. While going to…

The May employment numbers broke from the positive news of the last few months and revealed weakness in the job market. Not surprisingly to most Americans, these numbers indicate the job market remains tough--particularly for the nation's young adults. College seniors graduating this spring will enter a job market vastly different than the one…

The purpose of this study was intended to examine the inner voices behind the students' choices of American higher education and their persistence in college in relation to financial factors, especially the student financial aid programs and their debt burdens during and after college. Case studies were used to answer the three research questions:…