Much of modern education has focused on developing individuals' skills to be productive parts of society. The developed skills can become enablers of financial stability, independence and economic security. Yet, on a relative basis, considerably less effort is expended on building the financial skills for individuals to preserve their wealth and…

Postsecondary education and middle-skills occupational training are viewed as important paths to higher-paying jobs and careers. Lifelong learning pathways geared toward working learners aged 25 and older also seem essential for career advancement and professional growth in the current job market. However, many learners face financial and other…

We present a model of endogenous schooling and earnings to isolate the causal effect of parents' education on children's education and earnings outcomes. The model suggests that parents' education is positively related to children's earnings, but its relationship with children's education is ambiguous. Identification is achieved by comparing the…

Head Start (HS) is our nation's largest two-generation program that provides early education services to children and a variety of family support services that may promote economic wellbeing. Yet, no prior research has documented or described the effects of HS on parental earnings. We explore whether the program promotes parental earnings on…

We utilize a difference-in-difference design to examine the effect of adopting a statewide promise program on the enrollment of community college students across socio-economic status. Limited by a small sample size for treated units, we find inferential evidence that the adoption of a state-wide, last-dollar promise program for community colleges…

This paper presents and discusses the relationship between the generation of research income and the REF2021 results for universities who submitted a return to Unit of Assessment 23--Education. Research Excellence Framework exercises tend to be time intensive and come with income streams of Government Quality Research funding as well as…

We conduct a survey-based experiment with 2,776 students at a non-profit university to analyze income insurance demand in education financing. We offered students a hypothetical choice: either a federal loan with income-driven repayment or an income-share agreement (ISA), with randomized framing of downside protections. Emphasizing income…

Homeless and low-income students share multiple overlapping risk experiences; however, some studies report little to no observed differences in outcomes between these students. From the cumulative risk perspective, homelessness is perched at the extreme edge of economic insecurity, suggesting that homeless students encounter additional hardships…

The author investigated the application of lean management system in production enterprises and highlighted the main differences between traditional management and lean management systems. Many classical qualitative methods are used for benchmarking both systems. However, classic techniques consider costs accumulation but do not include time…

Despite increased scrutiny of administrators' salaries in higher education, little is known about the determinants of executive-level compensation at universities. This study examines the individual and institutional determinants of compensation of business school deans, in the United States, with a focus on differentials between private and…

Community colleges have a long history of being the first college that low-income students attend. These colleges have a lower cost of tuition and accept students who are not prepared to attend a four-year college or who do not meet the admission requirements. Since the creation of The Tennessee Promise the number of middle-class students…

School funding in Michigan is inadequate and inequitable. Michigan does not provide a sufficient base per-pupil amount, nor does the state properly address the cost of educating students with additional needs, especially students with disabilities, English learners, and low-income students. It would cost $4.5 billion to bring districts to funding…

University leaders do not have sufficient tools easily available to guide their decision-making related to institutional financial wellbeing. Currently, many financial indicators used by leaders of tuition-dependent higher education institutions are not focused on vital metrics such as liquidity and cash earnings. The twofold purpose of this…

This paper examines the effect of birth order on educational attainment in the United States and the underlying mechanism producing these effects. Using a family fixed effects model, we find negative birth order effects on educational outcomes. However, this effect varies depending on the household's income, being the strongest for households with…

Quantile regression (QR) provides an alternative to linear regression (LR) that allows for the estimation of relationships across the distribution of an outcome. However, as highlighted in recent research on the motherhood penalty across the wage distribution, different procedures for conditional and unconditional quantile regression (CQR, UQR)…