In partnership with the Postsecondary Value Commission, we conducted a thought experiment on the costs of inequality in the US education system. Our simulation found that the US economy misses out on $956 billion dollars per year, along with numerous nonmonetary benefits, as a result of postsecondary attainment gaps by economic status and…

This paper examines the potential of business administration vs. computer science degrees in terms of earnings, job security, and job satisfaction. The paper focuses on earnings potential five years and ten years after the completion of business administration and computer science degrees. Moreover, the paper presents the income changes with…

Since the 1990s, enrolment in postgraduate programs has increased significantly in Canada. In more recent years, this has led to concerns regarding overproduction and the labour market outcomes of those with postgraduate education. Women have played an important role in this growth, but questions remain as to whether women's progress into the…

This is the executive summary for the report, "Women Can't Win: Despite Making Educational Gains and Pursuing High-Wage Majors, Women Still Earn Less than Men." Gender wage disparities have always been an intractable problem in the workforce. Women are doing all the right things to close wage disparities--going to college in greater…

Occupations related to science, technology, engineering and mathematics (STEM) are generally associated with high pay and contribute to the development of new technology. Continued growth is expected for STEM occupations, which would provide STEM-educated workers with additional labour market opportunities. However, less is known about the extent…

In this paper, we investigate the determinants of over-education in Japan and evaluate its opportunity costs for university graduates. To this end, we use the REFLEX data. Results reveal that over-education level in Japan is high and it brings an important wage penalty for Japanese workers. Large firm and high occupations point toward a…

Great progress has been made in providing pre-kindergarten (pre-K) public education throughout the United States. The percentages of 3- and 4-year-olds enrolled nationally have grown from 3% to 5% and 14% to 29%, respectively, between 2002 and 2015. By 2015, 42 states and the District of Columbia were in varying stages of offering pre-K programs…

Policymakers have become increasingly concerned with measuring--and holding colleges accountable for--students' labor market outcomes. In this article we introduce a piecewise growth curve approach to analyzing community college students' labor market outcomes, and we discuss how this approach differs from two popular econometric approaches:…

This study estimated the economic penalty that immigrant underemployment imposes, both in forgone earnings and tax payments, using U.S. Census Bureau data to analyze demographic characteristics and estimate the forgone earnings and taxes at federal, state, and local levels. It focuses on three groups of workers: (1) Immigrants who are…

This study estimated the economic penalty that immigrant underemployment imposes, both in forgone earnings and tax payments, using U.S. Census Bureau data to analyze demographic characteristics and estimate the forgone earnings and taxes at federal, state, and local levels. It focuses on three groups of workers: (1) Immigrants who are…

California's higher education system is not keeping up with the economy's changing needs, and California stands to face a large skills gap by 2030--it will be 1.1 million workers with bachelor's degrees short of economic demand. Closing the gap will require increasing the number of degrees awarded by every higher education sector in the state. New…

The purpose of this report is to provide an overview of the current status of workforce preparation in Washington; identify high employer demand occupations, as well as fields in which academic degree production is failing to keep pace with demand; and highlight occupation fields in which students may find expanding employment opportunities. This…

Updated regularly with the most current statistics from the Bureau of Labor Statistics and the Census Bureau, "The Simple Truth about the Gender Pay Gap" is a commonsense guide that provides key facts about the gender pay gap in the United States. Topics covered in the report include: the definition of the pay gap and its history; the…

The State Council of Higher Education for Virginia (SCHEV) has produced new reporting tools of graduate wage outcomes out to twenty years post completion. These reports are available at the statewide level by program discipline (two-digit level of the Classification of Instructional Programs). It was found that reported wages increase by level of…

We use a random-effects dynamic probit model to estimate the effect of overskilling dynamics on wages. We find that overskilling mismatch is common and more likely among those who have been overskilled in the past. It is also highly persistent, in a manner that is inversely related to educational level. Yet, the wages of university graduates are…