According to a 2019 Pew Research Center survey, 67% of Americans support raising the federal minimum hourly wage from $7.25 to $15 per hour, with 41% strongly supporting the increase. Raising the federal minimum wage to $15 per hour has been the battle cry for many members of Congress, while others have opposed or expressed concern regarding, such…

Black women pursued graduate and professional school, post-degree options, and employment at a time when their economic future and livelihood were unknown. The novel Coronavirus (COVID-19) complicated what many Black women were already experiencing. Guided by critical race feminism, the purpose of our exploratory study was to highlight how and to…

Hispanics are the largest minority group in the United States, but quantitative research on the various components of this population has not received extensive investigation. College-educated Hispanics have been particularly neglected due to exaggerated and negative stereotypes. This present study uses data from the 2010 National Survey of…

The most significant investment California made in the 1960s was the creation of, arguably, the best public higher education system in the world. The 1965 Master Plan for Higher Education created a three-tiered system of higher education that provided a place in college for any Californian seeking the opportunity. From research universities to…

In this article, the authors find that, during financial crises, the wage gap between female and male accounting professionals declines and gender inequality in higher education is affected. In addition, less support and lower wages for disabled accounting professionals demotivate disabled students in accounting higher education. Because of budget…

Higher education institutions--as major employers of the workforce, purchasers of goods and services, managers of real estate, and attractors of external investment--are frequently the subject of research measuring economic impact. This research often falls into one of two categories: (1) institution-focused studies that measure the monetary…

As the United States grinds its way through a halting economic recovery, one thing has become abundantly clear: The recession of 2007 continues to reshape the economy in significant and permanent ways. Perhaps the most profound change is the accelerating disappearance of good-paying jobs that require only a high-school education or less. That…

A commonly held belief is that formal education has a strong positive association with earnings (Sanchez, 1998). The motivation for individuals to pursue and complete an education beyond high school is likely founded in the hopes of higher paying jobs or a higher position. The "economic benefits" of a community college education can be…

California long enjoyed rapid growth, abundant jobs, and expanding college opportunity--key elements of the California dream. Now the state is struggling to recover from its worst economic crisis in generations, a demographic slowdown, a devastating collapse of the wealth of the state' families from the housing crisis, and severe cutbacks in…

Investing in higher (tertiary) education is one of the more significant decisions a person can make. In some countries, such as Australia, Canada, Japan, Korea, and the United States, the direct costs of higher education can be large, often requiring a significant investment of an individual's personal funds, either in up-front payments or loan…

Students who attend institutions of higher education obtain a wide range of personal, financial, and other lifelong benefits; likewise, taxpayers and society as a whole derive a multitude of direct and indirect benefits when citizens have access to postsecondary education. Accordingly, uneven rates of participation in higher education across…

This study uses the admission scores of Taiwan's Joint College Entrance Examination (JCEE) and occupational wage data to estimate the reputation values of engineering and medical schools in Taiwan. It is found that the reputation values of medical schools are more than twice those of engineering schools. It takes about 7 and 19 years of work for…

There are a lot of people who believe that education is the engine of prosperity. This is believed to be true, but can't be proven according to researcher Watson Scott Swail, president of the Educational Policy Institute (EPI), a nonprofit, nonpartisan, nongovernmental organization dedicated to policy-based research on educational opportunity for…

One of the dominant contributory factors to a country's long-run productivity and economic growth is the education, training and skills possessed by its working-age population. Higher education qualifications are one of the key mechanisms in generating wealth for the students who attain them. The provision of education and skills also produces…

This chapter presents a study which used data from the U.S. National Longitudinal Survey of Youth (NLSY) to examine racial differences in the effects of college quality and student diversity on wages. The study investigated whether the economic benefit of college quality might be higher for groups helped by diversity programs and whether a…