Research examining students' socioeconomic outcomes after attaining a bachelor's degree tends to use single measures such as income or occupation (Thomas & Zhang, 2005; Torche, 2015). Yet, socioeconomic status is more complex than single measures. To capture that complexity, this study draws data from the National Center for Education…

Today, a national economy gone bust has derailed Black Americans' plans across the country. Gone are many of the economic gains, small as they were, achieved in the post-segregation era by millions of 1960s generation children and their children. Black America today is beset by job losses, business closures, pay cuts, furloughs, investment and…

During periods of economic turmoil and uncertainty, employment opportunities are often greatly diminished. The Great Recession beginning in 2007 caused such a labor market disruption, hitting new college graduates especially hard. Under such conditions, business ownership may appeal to some as a conceivable substitution to "finding a job." The…