This article reviews the existing literature on the economic and other benefits of attending community college. First, the article reports on the earnings gains across all students and reviews the evidence for subgroups by gender, minority status, and credits accumulated. The article then reviews the methodological challenges associated with…

A proportion of employees are overqualified for their work. This generates a wage premium relative to the job but a penalty relative to the qualification, and is therefore, a puzzle for human capital theory. A part of this derives from the use of measures of time spent in education for the calculation of overqualification. Analysing data from four…

Recent economic research has investigated the extent to which involvement in school-sponsored clubs and sports constitutes human capital investment. Through instrumental variables, the existing literature focuses on identifying long-term impacts in terms of educational attainment and wages. Instead, I use a fixed effects strategy to test whether…

From a random sample of 14,596 White males aged 25-64, earnings of those who were employed full time, year round were analyzed. Results show that overeducated workers--those with educational attainments substantially above the mean for their occupations--often earn less than their adequately educated and undereducated counterparts. (SK)

Reports on a study of Black and White male workers aged 32 or less, who had established their own residences and had worked full time for 10 years or less. The study explored the relationships among such variables as parental income, educational background, job tenure, and workers' earnings. (PGD)

The human capital and growth accounting approaches to measuring the benefits of education both have serious weaknesses. Like other goods and services, educational services have effects on the economic well-being of individuals and families. Because the economic well-being effects of education include private marketed and non-marketed impacts as…