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Cochrane, Debbie – Postsecondary Value Commission, 2021
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…
Descriptors: Debt (Financial), Postsecondary Education, Value Judgment, Parents
Duke-Benfield, Amy Ellen – Postsecondary Value Commission, 2021
Many college students, especially students from low-income backgrounds, face significant structural barriers that make it challenging to persist and complete a degree or certificate. These barriers include substantial financial challenges. Student financial aid at the federal and state levels has not kept up with rising college costs, resulting in…
Descriptors: Low Income Students, Quality of Life, Barriers, Student Financial Aid
Baum, Sandy; Espinosa, Lorelle – Postsecondary Value Commission, 2021
Many college graduates who earn less than their peers are employed in occupations that bring significant benefits to society, as well as high levels of personal satisfaction. It is not easy--nor is there agreement on how--to precisely define the social value of these occupations or to measure the magnitude and distribution of their benefits--but…
Descriptors: College Graduates, Career Choice, Race, Ethnicity
Miller, Ben – Postsecondary Value Commission, 2021
This paper examines indicators related to earnings and student loan debt for evaluating return on investment (ROI) for postsecondary education. It first considers four different options for measuring earnings, arguing that measures of postsecondary value should include investment-to-earnings and earnings growth metrics. The paper then discusses…
Descriptors: Outcomes of Education, Higher Education, Educational Attainment, Debt (Financial)
Perna, Laura W.; Odle, Taylor K. – Postsecondary Value Commission, 2021
Working for pay is the reality for many undergraduate students. Higher rates and intensity of employment among students from underserved backgrounds and those attending under-resourced institutions suggest employment during college reinforces inequity in higher education opportunity and outcomes. Compared with higher-income students, students from…
Descriptors: Paying for College, Student Employment, Undergraduate Students, At Risk Students
Matsudaira, Jordan – Postsecondary Value Commission, 2021
In 1776, Adam Smith wrote, "the expense of the institutions for education… is… beneficial to the whole society, and may, therefore, without injustice, be defrayed by the general contribution of the whole society," in the "Wealth of Nations." Since then, economists and policymakers have argued that the social returns to higher…
Descriptors: Outcomes of Education, Higher Education, Educational Benefits, Measurement
Troutman, David R.; Creusere, Marlena – Postsecondary Value Commission, 2021
A postsecondary credential is associated with higher levels of earnings, not just in the short term, but over a lifetime. Georgetown University's Center on Education and the Workforce found that college graduates earn more than one million dollars more in lifetime wages, compared to high school graduates. However, many factors influence…
Descriptors: Employment, Salary Wage Differentials, College Graduates, Majors (Students)
Dutta-Gupta, Indivar – Postsecondary Value Commission, 2021
The notion of individual freedom is valued by virtually all social, economic, and political belief systems. To be sure, how it is defined is heavily contested, it is never valued without limits (i.e., it is not an absolute value that trumps all other values), and it is less central to some moral and political philosophies than others. However it…
Descriptors: Freedom, Economic Status, Postsecondary Education, Role of Education
Harmon, Timothy – Postsecondary Value Commission, 2021
The Postsecondary Value Commission, in its exploration of return on investment and value of a higher education, desired to better understand the current state of earnings data for states and institutions so that they could effectively measure and understand post-college employment and earnings. To that end, this brief includes a review of research…
Descriptors: Outcomes of Education, Higher Education, College Graduates, Employment Opportunities
Carnevale, Anthony P.; Strohl, Jeff; Smith, Nicole; Cheah, Ban; Gulish, Artem; Campbell, Kathryn Peltier – Postsecondary Value Commission, 2021
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…
Descriptors: Postsecondary Education, COVID-19, Pandemics, Young Adults
Baker, Dominique J. – Postsecondary Value Commission, 2021
Postsecondary education can play a key role in breaking the strong link between economic outcomes across generations, but doing so requires policy and power shifts to support the success of postsecondary students. In developing such shifts, it is important to consider two disparate constructs that intersect and mediate the experiences and…
Descriptors: Social Justice, Race, Social Class, Higher Education
Perry, Andre M. – Postsecondary Value Commission, 2021
In an equitable America, universities do not aim to serve individuals at the expense of community growth. Students do not live at colleges; they live in communities. To realize this vision, postsecondary institutions must principally help create an infrastructure of equality that serves local communities. Institutions as well as local, state, and…
Descriptors: College Role, School Community Relationship, Community Change, Justice
Flores, Stella M. – Postsecondary Value Commission, 2021
What does it mean to achieve socioeconomic and racial justice in the United States, and what role can the postsecondary education system play in achieving these aims? Unfortunately, justice is often an elusive concept as it relates to educational achievement. In this paper, the author argues that, to understand the meaning of racial and…
Descriptors: Race, Justice, Postsecondary Education, Higher Education
Destin, Mesmin – Postsecondary Value Commission, 2021
Students who pursue postsecondary education are likely to do so in part because of expectations about what benefits a degree will bring to their lives. A wide range of institutional characteristics, such as financial resources, high quality teaching, and effective advising opportunities, shape the postsecondary outcomes of students. These…
Descriptors: Postsecondary Education, Outcomes of Education, Psychological Characteristics, College Students
Darity, William A., Jr.; Underwood, Miles – Postsecondary Value Commission, 2021
21st century research, to date, indicates that the private and social returns from higher education are substantial. The subtext of both human capital theory and the signaling model is a belief that higher earnings are an indicator of "earned merit"; an assumption called into question, challenging the meritocratic basis for earnings…
Descriptors: Higher Education, Education Work Relationship, Income, Productivity
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