Wage Premiums for College Graduates: Recent Growth and Possible Explanations.

Murphy, Kevin; Welch, Finis

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Peer reviewed

ERIC Number: EJ390068

Record Type: Journal

Publication Date: 1989

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ISSN: ISSN-0013-189X

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Wage Premiums for College Graduates: Recent Growth and Possible Explanations.

Murphy, Kevin; Welch, Finis

Educational Researcher, v18 n4 p17-26 May 1989

Traces the patterns of wage premiums for college graduates since 1963. Also examines the wage differentials between high school dropouts and graduates, and between college dropouts and graduates. The dramatic rise in the wage premium is due to the huge increase in the demand for college-trained workers. (Author/BJV)

Descriptors: Age Differences, College Graduates, Dropouts, Education Work Relationship, Educational Benefits, Employment Patterns, High School Graduates, Labor Market, Outcomes of Education, Racial Differences, Reentry Students, Salary Wage Differentials, Sex Differences

Publication Type: Journal Articles; Reports - Research; Information Analyses

Education Level: N/A

Audience: N/A

Language: English

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Authoring Institution: N/A

Grant or Contract Numbers: N/A