ERIC Number: ED617213
Record Type: Non-Journal
Publication Date: 2015
Pages: 24
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
The Value of Credentials for Disadvantaged Workers: Findings from the Sector Employment Impact Study
Grossman, Jean; Kato, Linda; Mallon, Tony; Maguire, Sheila; Conway, Maureen
Aspen Institute
As policy makers have placed an increasing focus on training and preparing workers to obtain postsecondary credentials, questions remain about the value to various actors, especially for job seekers and workers who often invest time and money to obtain a credential with the hopes of improving their employment prospects and raising their earnings. This report begins to address this issue. Drawing on data from the randomized control trial of the Sectoral Employment Impact Study (SEIS), which included three sector-focused training programs, the authors explore whether individuals who obtain credentials work more and earn more over time than they would without such credentials. In Section 1, the authors describe sector-focused training programs, the individuals in the study. In Section 2, the authors describe the specific credentials provided to the program participants and explore the value of credentials using a statistical technique called instrumental variable (IV) and highlight three findings. Section 3 outlines conclusions and some essential caveats. All values stated in this report are in 2014 dollars, unless explicitly noted. [This report was co-produced by the Workforce Strategies Initiative (WSI) at the Aspen Institute.]
Descriptors: Credentials, Disadvantaged, Job Applicants, Employment Qualifications, Postsecondary Education, Job Training, Employees, Income, Employment Level, Socioeconomic Background, Employment Potential, Labor Market, Labor Force Development, Labor Legislation, Federal Legislation, Educational Attainment, Attendance, Allied Health Occupations Education, Construction (Process), Accounting, School Business Relationship
Aspen Institute. 1 Dupont Circle NW Suite 700, Washington, DC 20036. Tel: 410-820-5433; Tel: 202-736-5800; Fax: 202-467-0790; e-mail: publications@aspeninstitute.org; Web site: http://www.aspeninstitute.org
Publication Type: Reports - Research
Education Level: Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Aspen Institute, Economic Opportunities Program (EOP)
Identifiers - Location: Wisconsin; Massachusetts; New York (New York)
Identifiers - Laws, Policies, & Programs: Workforce Innovation and Opportunity Act 2014
Grant or Contract Numbers: N/A
What Works Clearinghouse Reviewed: Does Not Meet Evidence Standards
WWC Study Page: https://ies.ed.gov/ncee/wwc/study/90246