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…

We test for the signaling hypothesis versus the human capital theory using the Wiles test in a country which has experienced a dramatic increase in the supply of skills in a relatively short period of time. For this purpose, we construct a job match index based on the usefulness of school-provided skills and the relevance of the job performed to…

Despite the growing evidence of informational interventions on college and major choices, we know little about how such light-touch interventions affect the gender gap in STEM majors. Linking survey data to administrative records of Chinese college applicants, we conducted a large-scale randomized experiment to examine the STEM gender gap in the…

This paper estimates the heterogeneous labor market effects of enrolling in higher education short-cycle (SC) programs. Expanding access to these programs might affect the behavior of some students (compliers) in two margins: the expansion margin (students who would not have enrolled in higher education otherwise) and the diversion margin…

We provide the first estimated economic impacts of students' access to an entire sector of public higher education in the U.S. Approximately half of Georgia high school graduates who enroll in college do so in the state's public four-year sector, which requires minimum SAT scores for admission. Regression discontinuity estimates show enrollment in…

This study examines how the "college earnings premium" (CEP)--the difference in average earnings between workers with and without college education--varies across the United States. Specifically, it compares across cities, states, and rural areas the mean earnings of workers with bachelor's degrees to those with associate degrees, with…

Conventional wisdom regards a college degree as necessary for a well-paying job and a good life. By focusing on average earnings, this conventional wisdom obscures the enormous variability in outcomes at each education level; in fact, the top half of high school graduates earn in the same range as the bottom half of college graduates. However the…

Over the past four decades, income inequality grew significantly between workers with bachelor's degrees and those with high school diplomas (often called "unskilled"). Rather than being unskilled, we argue that these workers are STARs because they are skilled through alternative routes--namely their work experience. Using the skill…

In this report, the authors have recently discovered that the increase in lifetime earnings from having a bachelor's degree, relative to having just a high school diploma, is much smaller for people who grew up poor than it is for people who grew up wealthier. This finding that has not been uncovered by any previous research, in part because until…

Canadians complete postsecondary education for many reasons, including the desire to improve their quality of life or to pursue their passion. For many, ensuring financial security after graduation is also an important motivation. This report looks at how postsecondary education credentials pay off in earnings for working-age men and women in the…

Our understanding about the relationship between education and lifetime earnings often neglects differences by field of study. Utilizing data that match respondents in the Survey of Income and Program Participation to their longitudinal earnings records based on administrative tax information, we investigate the trajectories of annual earnings…

The nation could save as much as $18.5 billion in annual crime costs if the high school male graduation rate increased by only 5 percentage points, a new report from the Alliance for Excellent Education finds. This report examines and builds upon research that links lower levels of educational attainment with higher rates of arrests and…

I survey the evidence on patterns in U.S. high school graduation rates over the period 1970-2010 and report the results of new research conducted to fill in holes in the evidence. I begin by pointing out the strengths and limitations of existing data sources. I then describe six striking patterns in graduation rates. They include stagnation over…

Some say that the educators now have a gender-stratified system of higher education, with nearly 60 percent of all undergraduates being women and fewer men attending each year. The battle for gender equity for women in higher education has been a long and contentious one. In the decades since, increasing numbers of women have gone to college, to…

This study examines if the college wage premium favoring college graduates still exists. The NLSY-79 data is employed. The sample includes individuals who received their high school degree and college degree in 1980 and 1981. These individuals were followed until the year 2004. A cross sectional regression model was estimated for the years 1982,…