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…

The propensity to believe that good things are likely to happen fuels the enduring belief in the American Dream, including the expectation that each generation will enjoy a better quality of life than the previous one. This report is part of a series on young people's pathways to good jobs. In it, the researchers examine how the route from youth…

Americans share a strong belief that the country offers access to opportunity. In 2017, 82 percent of Americans said they had achieved the American Dream or were on their way to achieving it. But do all Americans--regardless of race, ethnicity, gender, or socioeconomic status--have equal access to the American Dream? This report examines…

The economic and social landscape that young people encounter today is substantially more complex and challenging than the one faced by earlier generations. Technological change and globalization have transformed the labor market, increasing the value of postsecondary education and hollowing out industries that once employed many workers who had…

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…

In partnership with the Postsecondary Value Commission, we conducted a thought experiment on the costs of inequality in the US education system. Our simulation found that the US economy misses out on $956 billion dollars per year, along with numerous nonmonetary benefits, as a result of postsecondary attainment gaps by economic status and…

Affirmative action critics argue that race-conscious admissions policies are keeping Asian American enrollment numbers unfairly low because Asian American students are held to higher admissions standards than applicants of any other race or ethnicity. "Selective Bias: Asian Americans, Test Scores, and Holistic Admissions" evaluates the…

"If Not Now, When? The Urgent Need for an All-One-System Approach to Youth Policy" makes the case that the United States' disjointed approach to youth policy has failed young people. In the current fragmented system, pre-K-12, postsecondary education, and the workforce operate in silos that allow many young people to fall through the…

"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…

This report and the accompanying interactive web tool are a first step toward helping students sort through the 37,000 programs in the College Scorecard data to learn which programs offer a pathway to good earnings and which threaten more debt. Part 1 examines earnings differences across different institutions. Just as there is overlap in…

This report examines the relationship between authoritarianism and postsecondary education, including liberal arts education. This analysis rests on the idea that authoritarianism is part of human nature, but its influence waxes and wanes according to circumstances. Having entered a new era defined by the COVID-19 pandemic, the evidence suggests…

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…

Free college has been gaining traction as a public policy option in recent years and has been adopted in some form by at least 15 states. Enthusiasm for the idea has gained momentum with the growing realization that a healthy economy requires a well-educated workforce and that workers benefit immensely from education beyond high school. Indeed,…

This is the executive summary for the report, "The Dollars and Sense of Free College." Policymakers have debated the specifics of free-college programs--including whether free-college eligibility should extend to students at four-year public colleges as well as community colleges, and whether it should be universal or targeted to…

In the United States, there is a broadly held presumption that the journey along the pipeline from kindergarten to early career success gradually reveals each child's innate abilities. This presumption is widespread not only in the general public, but among students themselves, who self-identify and identify each other as either academically…