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…

Is law school worth it? A Juris Doctor (JD) offers high median earnings and a substantial earnings boost relative to a bachelor's degree in the humanities or social sciences--two of the more common fields of study that lawyers pursue as undergraduate students. However, graduates of most law schools carry substantial student loan debt, which dims…

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…

This third installment of "Hard Times" updates the previous analyses of college majors, unemployment, and earnings over the Great Recession. While there is wide variation by college majors, hard times have become better times for most college graduates, but the recovery is far from complete. Hard times are becoming better times for most…

For decades, the popular conception of a college student in this country has been the full-time residential financially dependent student who enrolls in a four-year college immediately after graduating from high school. That student has not been the norm at U.S. postsecondary institutions for more than 30 years. Such students exist but they are…

Pennsylvania's State System of Higher Education is the largest provider of higher education in the Commonwealth, with nearly 107,000 degree-seeking students and thousands more who are enrolled in certificate and other career-development programs. With almost 90 percent of students coming from Pennsylvania and the vast majority of graduates…

This report presents data on job opportunities and skill requirements through 2018 arranged by the 16 career and technical education (CTE) career clusters in the Carl D. Perkins Act of 2006 (Perkins IV). These skill requirements reflect the length and extent of education and training required for the job. The authors detail changes in education…

These Selected Findings are part of a larger report: "What's It Worth?: The Economic Value of College Majors." In the full report, readers can find detailed information about earnings, broken down by 171 different undergraduate majors and a variety of demographic factors. The study also analyzes the likelihood that students in specific majors…

Over the years, there has been a persistent lack of available information about the economic consequences of choosing one academic major over another. As a result, students have had little financial data on hand to help them choose between majors. No longer. This report finds that different majors have different economic value. While going to…

The United States has been underproducing college-going workers since 1980. Supply has failed to keep pace with growing demand, and as a result, income inequality has grown precipitously. From 1915 to 1980, supply grew in tandem with demand. But, starting in 1990, the share of college-educated young people in the workforce rose very slowly. If the…

This executive summary highlights several findings about healthcare. These are: (1) Healthcare is 18 percent of the U.S. economy, twice as high as in other countries; (2) There are two labor markets in healthcare: high-skill, high-wage professional and technical jobs and low-skill, low-wage support jobs; (3) Demand for postsecondary education in…

This report, provides detailed analyses and projections of occupations in healthcare fields, and wages earned. In addition, the important skills and work values associated with workers in those fields of healthcare are discussed. Finally, the authors analyze the implications of research findings for the racial, ethnic, and class diversity of the…

Certificates are recognition of completion of a course of study based on a specific field, usually associated with a limited set of occupations. Certificates differ from other kinds of labor market credentials such as industry-based certifications and licenses, which typically involve passing an examination to prove a specific competency,…