Level of postsecondary schooling and field of study remain significant markers of social stratification. However, the extent to which these various types of postsecondary schooling influence the labor market outcomes of recent male and female graduates is unknown. Drawing on data from Statistics Canada's 2013 National Graduates Survey, we examine…

Occupations related to science, technology, engineering and mathematics (STEM) are generally associated with high pay and contribute to the development of new technology. Continued growth is expected for STEM occupations, which would provide STEM-educated workers with additional labour market opportunities. However, less is known about the extent…

In this 2023 NEA Special Salary issue, a post-pandemic look at faculty salaries in 2022. What was found, looking at federal data, is that U.S. faculty's purchasing power--that is the value of your salary, considering inflation--is at historical lows. All the gains that were made incrementally since the Great Recession of 2008 have evaporated in…

Utilizing the 2013 "National Survey of College Graduates" (Scientists and Engineers Statistical Data System, National Science Foundation, 2015), this study examined three measures of labor market outcomes: annual earning potentials; primary work activity; and education-job match for science, technology, engineering, and mathematics…

Using a sample of college graduates from the NLSY97, we introduce a new approach to assessing wage benefits of STEM training, STEM jobs, and the match between the two: rather than classify individuals dichotomously as STEM or non-STEM, we measure the STEM-intensities of both their college coursework and their occupational requirements. While the…

The purpose of this study is to identify the role that higher education plays in employment, earnings, and occupations held by women and men beyond the traditional retirement age of 65 years. The major value of the study lies in its ability to inform policymakers about the working lives of older Americans and about any needed policy changes. Women…

This article assesses the extent to which children's language preference and their home environment matter for literacy retention. Using data from the Complementary Basic Education (CBE) program in Ghana, the authors found that large numbers of disadvantaged students reverted to not even being able to read a single word following school closures…

This paper estimates the return to an elite university education over a college graduate's career using the CHIP 2013 data. We find a substantial premium for graduating from an elite Chinese university at job entry, but it declines quickly with labor market experience. This pattern is entirely driven by the young cohorts who enter college after…

Using a survey of a cohort of UK graduates, linked to administrative data on higher education participation, this paper investigates the labour market attainment of recent graduates by subject of study. We document a large heterogeneity in the mean wages of graduates from different subjects and a considerably larger one within subject with…

Overall, too few students are completing two-year college. Those who complete are still starting off unequally. About one-third of students earning academic degrees do not transfer, but rather go directly to work and find their degree has little value in the labor market. Research suggests they could have benefitted from having marketable skills…

With grant and scholarship aid as well as family resources unable to keep pace with college costs, loans have become a fact of life for millions of college students each year. In deciding how and how much to borrow, these students are making highly consequential decisions that will impact their future in unknown ways. Policy should aim to reduce…

Though a relative small part of the school sector, private schools have an important role in British society, and there are policy concerns about their negative effect on social mobility. Other studies show that individuals who have attended a private school go on to have higher levels of educational achievement, are more likely to secure a…

This study provides one of the first estimates of the returns to different types of community college credentials--short-term certificates, long-term certificates, and associate degrees--across different fields of study. We exploit a rich data set that includes matched, longitudinal college transcripts and Unemployment Insurance records for…

We analyze the returns to education in a life-cycle framework that incorporates risk preferences, earnings volatility (including unemployment), and a progressive income tax and social insurance system. We show that such a framework significantly reduces the measured gains from education relative to simple present-value calculations, although the…

This paper uses a novel dataset to test the important theoretical prediction that the level of investment in schooling is increasing in the rate of return to education. We exploit a unique episode where different Israeli kibbutzim shifted from equal sharing to productivity-based wages in different years, resulting in sharp increases in the return…