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…

Democratic societies are rooted in the widely shared belief that all lives have value. As a result, the idea of educational adequacy in a democracy is rooted in the conviction that education's primary mission is to provide knowledge and skills sufficient to allow people to live fully, according to the standards of their time. In a democracy with a…

Education beyond high school is now the preferred currency for workers seeking economic opportunity in the US labor market. Since the 1980s, the bachelor's degree has been the gold standard for stable employment and lifetime earnings and the most promising route to the middle class. The new rules of the college and career game confirm that…

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…

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…

Access to college for African Americans has increased, but African Americans are highly concentrated in lower-paying majors. The college major, which has critical economic consequences throughout life, reflects personal choices but also reflects the fact that African-American students are concentrated in open-access four-year institutions that…

A college education is widely recognized as a gateway to economic opportunity and intergenerational mobility in the United States. Children from households with highly educated parents are three times more likely to get a Bachelor's degree than children from households in which the parents did not attend college. Today, at least some postsecondary…