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…

No one has had it worse than the Midwest. Job losses in the "great recession" of 2007 spared no region, but the bulk of industries hardest hit were in the Midwestern states. This is the second of a series of reports detailing the job and educational demand prospects for workers, by major census regions. When compared to all other…

Over the years, there has been a persistent lack of available information about the economic consequences of choosing one academic major over another. As a result, students have had little financial data on hand to help them choose between majors. No longer. This report finds that different majors have different economic value. While going to…

These Selected Findings are part of a larger report: "What's It Worth?: The Economic Value of College Majors." In the full report, readers can find detailed information about earnings, broken down by 171 different undergraduate majors and a variety of demographic factors. The study also analyzes the likelihood that students in specific majors…

The generative economic power and social influence of Science, Technology, Engineering, and Mathematics (STEM) has made the production of a capable science and engineering workforce a priority among business and policy leaders. They are rightly concerned that without a robust STEM workforce, the nation will become less competitive in the global…

Science, Technology, Engineering, and Mathematics (STEM) occupations are critical to the nation's continued economic competitiveness because of their direct ties to innovation, economic growth, and productivity, even though they will only be 5 percent of all jobs in the U.S. economy by 2018. The disproportionate influence of STEM raises a…

Certificates are recognition of completion of a course of study based on a specific field, usually associated with a limited set of occupations. Certificates differ from other kinds of labor market credentials such as industry-based certifications and licenses, which typically involve passing an examination to prove a specific competency,…