Majoring in business typically pays off. While graduates' earnings and federal student loan debt vary by institution and degree level, the majority of business programs lead to median earnings that are roughly 10 times graduates' debt payments two years after program completion. "The Most Popular Degree Pays Off: Ranking the Economic Value of…

"The College Payoff: More Education Doesn't Always Mean More Earnings" explores how lifetime earnings vary by education level, field of study, occupation, industry, gender, race and ethnicity, and location. The lifetime earnings of a full-time full-year worker with a high school diploma are $1.6 million, while workers with an associate's…

College typically pays off for low-income students, but not as much as it does for their peers. Low-income students, whose families earn $30,000 or less per year, comprise more than one-third of college students. "The Colleges Where Low-Income Students Get the Highest ROI" finds that low-income students have a lower return on investment…

In a republic, the mission of higher education is to empower individuals to live fully in their time free from economic or public dependency. The mission endures, but times change. Because postsecondary education and training have become the most well-traveled pathways to middle class earnings, both students and the educators who serve them need…

Americans share a strong belief that the country offers access to opportunity. In 2017, 82 percent of Americans said they had achieved the American Dream or were on their way to achieving it. But do all Americans--regardless of race, ethnicity, gender, or socioeconomic status--have equal access to the American Dream? This report examines…

The economic and social landscape that young people encounter today is substantially more complex and challenging than the one faced by earlier generations. Technological change and globalization have transformed the labor market, increasing the value of postsecondary education and hollowing out industries that once employed many workers who had…

This report and the accompanying interactive web tool are a first step toward helping students sort through the 37,000 programs in the College Scorecard data to learn which programs offer a pathway to good earnings and which threaten more debt. Part 1 examines earnings differences across different institutions. Just as there is overlap in…

This third installment of "Hard Times" updates the previous analyses of college majors, unemployment, and earnings over the Great Recession. While there is wide variation by college majors, hard times have become better times for most college graduates, but the recovery is far from complete. Hard times are becoming better times for most…

The propensity to believe that good things are likely to happen fuels the enduring belief in the American Dream, including the expectation that each generation will enjoy a better quality of life than the previous one. This report is part of a series on young people's pathways to good jobs. In it, the researchers examine how the route from youth…

Over the past half century, postsecondary education has taken on an increasingly important role in career preparation in the United States, with profound effects on the life experiences of young adults. Having a college credential has become both more valuable in the labor market and more expensive, with much of the burden falling directly on…

The manufacturing workforce has been shaped by decades of industry transformation. Modern manufacturing requires workers with a diverse set of skills to perform functions such as research and development (R&D), product and production design, marketing and sales, and customer support. While workers with a high school diploma or less dominated…

In this report, we present the results of a thought experiment in which we estimated the potential costs and benefits to society of achieving equality in educational attainment and related workforce outcomes by race/ethnicity, class, and gender. We conducted this thought experiment to clarify the role that education can play in reducing…

Many Americans would agree that all people should have equal educational opportunity and equal pay for equal work. And yet, inequality in postsecondary education access, college completion, and post-college outcomes such as wages stubbornly persists, along with the impression that achieving equal outcomes would be too expensive and would take too…

In partnership with the Postsecondary Value Commission, we conducted a thought experiment on the costs of inequality in the US education system. Our simulation found that the US economy misses out on $956 billion dollars per year, along with numerous nonmonetary benefits, as a result of postsecondary attainment gaps by economic status and…