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ERIC Number: ED584130
Record Type: Non-Journal
Publication Date: 2009-Oct
Pages: 43
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Strengthening Community Colleges' Influence on Economic Mobility
Furchtgott-Roth, Diana; Jacobson, Louis; Mokher, Christine G.
Economic Mobility Project
Past research from Pew's Economic Mobility Project (EMP) has shown that a college degree quadruples the chances that an individual born into the bottom income quintile will reach the top quintile in adulthood. For community colleges in particular, the project has shown that getting a community college degree increases earnings by an average of $7,900 annually--an earnings increase of 29 percent over those with only a high school diploma. Further, per-credit returns to community and four-year colleges are similar: both convey an annual earnings increase of roughly four to six percent for every 30 credits (two semesters) of courses completed. Despite this compelling evidence, until recently attention to higher education has largely overlooked the powerful role the nation's community colleges--which enroll almost half of America's undergraduates annually--play in boosting economic mobility. Using a database that includes detailed education and employment histories of 84,000 Florida students who reached the twelfth grade in 2000, this paper examines the role community colleges play in enhancing the upward economic mobility of their students. The study looks at the various pathways through which students can increase their earnings, including transferring to a four-year college and completing a terminal associate degree or certificate in a range of high-return fields. It offers the following key findings. A list of resources is provided.
Economic Mobility Project. Available from: Pew Charitable Trusts. 901 E Street NW 10th Floor, Washington, DC 20004. Tel: 202-540-2000; Fax: 202-552-2299; e-mail: pcs-feedback@pewtrusts.org; Web site: http://www.pewtrusts.org/en/projects/archived-projects/economic-mobility-project
Publication Type: Reports - Research
Education Level: Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Pew Charitable Trusts, Economic Mobility Project
Identifiers - Location: Florida
Grant or Contract Numbers: N/A