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…

We examine the relationship between secondary school attainment and early-career graduate salaries in the UK. Based on literature on grade inflation, we hypothesise that there is uncertainty regarding the quality of the signal communicated by degree classifications, and that secondary school grades can be used as a tool to determine the veracity…

The landscape of medical specialty choice is dynamic, undergoing significant changes as students' progress through undergraduate and graduate medical training. These shifts are influenced by various factors, with financial considerations becoming increasingly relevant among medical students' preferences. This study conducts a retrospective…

The number of college graduates in the United States reached nearly 68.6 million in 2021, of which approximately 68 million had ever held a job, with nearly 52 million currently employed and 16 million not employed. Although the number of employed college graduates increased by 1.2 million (2.5%) between 2019 and 2021, the number of nonemployed…

Graduate education is among the fastest growing segments of the U.S. higher educational system. This paper estimates the returns to Master's degrees and examines heterogeneity in the returns by field area, student demographics and initial labor market conditions. We use rich administrative data from Ohio and an individual fixed effects model that…

This paper presents a study that analyzed the relationship between Student Evaluation of Teaching (SET) and mid-career median pay and was conducted at a state university. The analysis was based on 49 courses prefixes from 5 different colleges/schools within the university. The SET data was collected from a wide range of courses, and the analysis…

The lack of enough nurse faculty is a primary cause of the insufficient RN workforce. Without addressing the faculty shortage, the number of future nurses will continue to fall short, negatively impacting the quality of care. This study aimed to evaluate the individual nurse's actual and perceived return on investment for the transition from a…

Prairie View A&M University (PVAMU) plays an important role in the social and economic life of the local, state and national economy. This study presents estimates of the economic impacts of the University's contributions, both short-term and long-term, on the local (Waller County), regional (Houston-The Woodlands-Sugar Land Metropolitan…

Little empirical literature assessing the impact of Erasmus study program on graduate career prospects exists. All too often, the empirical evidence available is either bias or indirect. Furthermore, the existing differences among study mobility participants and non-participant peers in terms of ability, socioeconomic background or field of study…

The three chapters of this dissertation use tools of applied microeconomics to study topics related to education and regulation. The first chapter, "Where Doctors Work," studies how openings and closures of medical schools in the United States have affected the geographical distribution of doctors. The principal contribution is the…

Whether improved local economic conditions lead to better student outcomes is theoretically ambiguous and will depend on how schools use additional revenues and how students and teachers respond to rising private sector wages. The Texas boom in shale oil and gas drilling, with its large and localized effects on wages and the tax base, provides a…

This dissertation contains three empirical papers that quantify how institutional status hierarchies in postgraduate education relate to professionals' employment and earnings outcomes. Chapter 1 examines the effects of postgraduate educational program status hierarchies on earnings among recipients of postgraduate professional degrees in…

Using multivariate linear regression models, this study estimates the relationship between graduates' self-reported skill improvements from attending a virtual university, the Open University of Catalonia (UOC), and their salaries after obtaining the degree. Our results show that graduates made considerable earnings gains and especially high rates…

The Postsecondary Value Commission, in its exploration of return on investment and value of a higher education, desired to better understand the current state of earnings data for states and institutions so that they could effectively measure and understand post-college employment and earnings. To that end, this brief includes a review of research…

The federal government now offers a multitude of complicated income-driven repayment (IDR) plans that are difficult to understand, enroll in, and stay in. Many students who would benefit from IDR do not enroll, and others will have large amounts of debt forgiven despite earning high wages. The current problems with IDR are not an indictment of the…