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ERIC Number: EJ1084174
Record Type: Journal
Publication Date: 2016
Pages: 6
Abstractor: As Provided
ISSN: ISSN-0883-2323
College Challenge to Ensure "Timely Graduation": Understanding College Students' Mindsets during the Financial Crisis
Chen, Xiaoying; Yur-Austin, Jasmine
Journal of Education for Business, v91 n1 p32-37 2016
Since mid-2007, the United States has experienced the direst economic recession since the Great Depression. While considerable institutional resources have been spent on boosting 4-year graduation rates, many college students purposefully delayed graduation, waiting to enter the labor market until the overall economic situation had improved. The survey results suggested that students who were unemployed, who knew someone being laid off, who were pessimistic about the job market, or who targeted private industry jobs tended to stay in school longer. These results support the well-documented warehouse hypothesis: that students use schools as warehouses to shield themselves from the deteriorating job market.
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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
Identifiers - Location: California
Grant or Contract Numbers: N/A