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Returns to education

The Class of 2014 The Weak Economy Is Idling Too Many Young Graduates by Heidi Shierholz, Alyssa Davis, and Will Kimball
Wed, 2014-05-21 12:22
Graduates who are entering the labor force now will have reduced earnings for 10-15 years now.

Are Recent College Graduates Finding Good Jobs? by Jaison R. Abel, Richard Deitz, and Yaqin Su
Wed, 2014-05-21 12:59
While stories about recent college graduates’ struggles to find a good job have become increasingly common over the past few years, we show that this experience is not a new phenomenon, nor one that can be ascribed simply to the Great Recession and the ensuing weakness in the labor market. Our analysis demonstrates that new college graduates typically take some time to transition into the labor market and find jobs that utilize their education

China’s Education Revolution by Lee Jong-Wha
Wed, 2014-05-21 13:37
China may be about to overtake the US as the world’s largest economy, but its labor force lacks the skills that it needs to propel the country to high-income status. Changing this will require comprehensive education reform that expands opportunities for children and strengthens skills training for adults.

Young Student Loan Borrowers Remained on the Sidelines of the Housing Market in 2013 by Meta Brown, Sydnee Caldwell, and Sarah Sutherland
Wed, 2014-05-21 13:51
Why did the comparatively skilled young consumers did not enter the housing market after the recovery in 2012 or 2013?

Is It Still Worth Going to College? by Mary C. Daly and Leila Bengali
Wed, 2014-05-21 14:14
Earning a four-year college degree remains a worthwhile investment for the average student. Data from U.S. workers show that the benefits of college in terms of higher earnings far outweigh the costs of a degree, measured as tuition plus wages lost while attending school. The average college graduate paying annual tuition of about $20,000 can recoup the costs of schooling by age 40. After that, the difference between earnings continues such that the average college graduate earns over $800,000 more than the average high school graduate by retirement age.

Europe’s ‘open’ university systems are far from equitable, but all European universities need to rethink their processes for access and success by Anne Corbett and Niccolo Durazzi
Wed, 2014-05-21 14:56
One of the challenges in higher education policy is to ensure that universities are open to students from all backgrounds and that they don’t simply perpetuate social inequalities. Anne Corbett and Niccolo Durazzi write on the experiences with ‘open’ university systems in countries such as France and Italy. They note that the social inclusiveness of such systems appears to be less than in other European systems, and that admission processes alone are unlikely to be able to correct for this. However ultimately all European universities need to rethink their admission processes and their policies for ensuring students have a chance of success once they begin their studies.

How are university students changing? (OECD)
Wed, 2014-05-21 15:06
A quick overview of the characteristics of the new generation of college students.

What are the returns on higher education for individuals and countries? (OECD)
Wed, 2014-05-21 15:13
An interesting review of the long-term advantages of tertiary education by country.

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