ERIC Number: EJ1438726
Record Type: Journal
Publication Date: 2024
Pages: 17
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0964-5292
EISSN: EISSN-1469-5782
Perceived Returns and Regrets among College Graduates
M. Najeeb Shafiq; Robert K. Toutkoushian
Education Economics, v32 n5 p686-702 2024
We contribute to the higher education returns discourse by examining perceptions among college graduates. Using 2021 U.S. Survey of Household Economics of Decisionmaking data, we observe that over 80% of degree holders perceive that they received positive financial returns from college, while only 7% of college degree holders regret their decision to go to university. However, 39% regret their major choice, and 24% regret their institution choice. Logistic regression reveals perceptions and regrets vary with field of study, gender, type of institution attended, student debt load, and age.
Descriptors: Outcomes of Education, College Graduates, Majors (Students), Income, Gender Differences, School Choice, Debt (Financial), Age, Adults, Attitudes, Comparative Analysis, Individual Characteristics, Institutional Characteristics, Data Analysis
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A