This article studies a sample of displaced workers during the deep 1990s recession in Sweden and estimates the effect of secondary-level adult education on tertiary-level educational attainment. Plant closures and mass layoffs are used to identify job separations unrelated to individual productivity. Results indicate a large positive effect of…

This study examines the impact of educational attainment on employment and earnings in Nepal. Using the Nepal Labour Force Survey 2017-2018 cycle, we employ an extended earnings function derived from the foundational Mincer equation to estimate returns to education. The results underscore the overall positive impact of education (1.76, 3.73, 7.68…

This paper measures the effects of undergraduate student loan debt on graduates' post-college outcomes: employment, additional enrollment, family formation, home ownership, and net worth. The analysis uses data from a nationally representative sample of 2007-08 bachelor's degree recipients. Because a graduate's debt burden is not randomly…

Given the scale of the university reform induced by the Bologna Process, little is known about how the reform impacted those most immediately affected: the students. This paper uses unique micro data from Humboldt-Universität zu Berlin, Germany, to estimate treatment effects on student outcomes. Variation in treatment introduction over time and…

The question of why postsecondary institutions produce different labor market outcomes is difficult to answer due to unobserved student characteristics. Here, I leverage students' geographic proximity to three classifications of postsecondary institutions -- earnings-enhancing, competitive, and Historically Black Colleges and Universities (HBCUs).…

Can information close socioeconomic gaps in parents' postsecondary aspirations for their children? We administer a survey experiment to a nationally representative sample of U.S. parents, who are also asked whether their child is academically prepared for college. We inquire whether parents prefer their child to pursue a four-year degree, two-year…

Using restricted-access "Survey of Earned Doctorates" data, we investigate which attributes of a doctoral institution predict the share of its undergraduate BAs that will earn a PhD. We use truncation-correction to account for PhD receipt post-sample. Across the fields of humanities, physical, natural, and social sciences, PhD production…

We introduce a new approach to measuring the match between education and occupation by using the number of college courses related to one's occupation. Previous studies have only considered the match between college 'major' and occupation. That approach ignores the content of education and the courses taken in college. We find that taking courses…

We generate selection-adjusted NPV and IRR estimates for a bachelor's degree in the U.S. which account for time-to-graduation, debt financing and tuition levels. We find that a college degree is generally worthwhile, but the private value of the investment is a declining function of time-to-graduation. Selection-adjustments show that for students…

College internships are popular and often promoted. Quantifying their impacts is difficult as students often take time away from classes to participate. We implement multiple-treatment propensity score matching to untangle the simultaneous effects of internships and discontinuous college tenure. Using a sample of over 442,000 students from 619 US…

We estimate the short-term effects of the introduction of the Bachelor degree system in Germany, a change in degree regulations such that students need less time to earn a first degree, on college enrollment and dropout rates. We use variation in the timing of the reform at the university department level to identify the effects of the reform…

Using the Educational Longitudinal Study of 2002 (ELS 2002), a unique survey that tracks High School sophomores to young adulthood, we estimate the relationship between student loan debt, educational attainment, and tenure choice. We improve upon prior studies by matching pre-treatment characteristics through coarsened exact matching (CEM) and…

This study explores the effects on earnings of overeducation, required education, and undereducation (ORU) in the Australian graduate labour market, using data from the 1999-2009 Graduate Destination Surveys. The Vahey [2000. "The Great Canadian Training Robbery: Evidence on the Returns to Educational Mismatch." "Economics of…

We use the method of Dominitz and Manski [1996. Eliciting student expectations of the return to schooling. "Journal of Human Resources" 31, no. 1: 1-26] to solicit anticipated wage distributions for continuing to a master degree or going to work after completing the bachelor degree. The means of the distributions have an effect on…

This paper estimates the monetary return to quality in US graduate education, controlling for cognitive ability and self-selection across award level, program quality, and field-of-study. In most program types, I cannot reject the hypothesis of no returns to either degree completion or program quality. Important exceptions include master's…