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Returns to degrees

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Heterogeneity in Labor Market Returns to Master’s Degrees: Evidence from Ohio
February 2024

Heterogeneity in Labor Market Returns to Master’s Degrees: Evidence from Ohio

Veronica MinayaJudith Scott-ClaytonYang “Rachel” Zhou
This Annenberg Institute working paper provides up-to-date causal evidence on labor market returns to master’s degrees and examines heterogeneity in the returns by field area, student demographics, and initial labor market conditions.
The Effect of Job Displacement on College Enrollment: Evidence From Ohio
December 2022

The Effect of Job Displacement on College Enrollment: Evidence From Ohio

Veronica MinayaBrendan MooreJudith Scott-Clayton
Using employer-employee-student matched administrative data from Ohio, this paper provides the first direct evidence of workers' enrollment responses following mass layoffs in the United States.
Labor Market Trajectories for Community College Graduates: New Evidence Spanning the Great Recession
August 2020

Labor Market Trajectories for Community College Graduates: New Evidence Spanning the Great Recession

Veronica MinayaJudith Scott-Clayton
This paper examines returns to terminal associate degrees and certificates up to 11 years after students initially entered a community college in Ohio. The authors use an individual fixed-effects approach that controls for students’ pre-enrollment earnings and allows the returns to credential completion to vary over time.
The Labor Market Returns to For-Profit Higher Education: Evidence for Transfer Students
November 2019

The Labor Market Returns to For-Profit Higher Education: Evidence for Transfer Students

Vivian Yuen Ting LiuClive Belfield
This paper examines the labor market gains for students who enrolled at for-profit colleges after beginning their postsecondary education in community college.
Nonpecuniary Returns to Postsecondary Education: Examining Early Non-Wage Labor Market Outcomes Among College-Goers in the United States
September 2019

Nonpecuniary Returns to Postsecondary Education: Examining Early Non-Wage Labor Market Outcomes Among College-Goers in the United States

Lauren Schudde
Using data from the National Longitudinal Survey of Youth 1997, this CAPSEE working paper examines nonpecuniary labor market outcomes associated with different levels of postsecondary educational attainment.
Timing Matters: How Delaying College Enrollment Affects Earnings Trajectories
February 2019

Timing Matters: How Delaying College Enrollment Affects Earnings Trajectories

Yuxin LinVivian Yuen Ting Liu
Using data from the National Longitudinal Survey of Youth 1997, this paper compares the academic and labor market outcomes of high school graduates who delay college enrollment and those who enroll in college immediately up to 13 years after high school completion.
The Impact of Occupational Licensing on Labor Market Outcomes of College-Educated Workers
June 2018

The Impact of Occupational Licensing on Labor Market Outcomes of College-Educated Workers

Thomas BaileyClive Belfield
This paper identifies the effects of licenses on a set of labor market outcomes for the college-educated workforce using newly available national Current Population Survey data merged with data from the U.S. Department of Labor on state-level, occupation-specific licensing requirements.
Stackable Credentials: Do They Have Labor Market Value?
November 2017

Stackable Credentials: Do They Have Labor Market Value?

Thomas BaileyClive Belfield
Using national, survey, and college-system-level datasets, this paper estimates the association between stackable credentials and earnings, finding weakly positive and inconsistent gains from these award combinations.
Stackable Credentials: Awards for the Future?
April 2017

Stackable Credentials: Awards for the Future?

Thomas BaileyClive Belfield
This paper addresses empirical challenges in identifying stackable credentials, distinguishes three types of stackable awards, and estimates the number of persons who earn such awards. It then discusses the utility of these awards in meeting labor market demands and needs of students.
Model Specifications for Estimating Labor Market Returns to Associate Degrees: How Robust Are Fixed Effects Estimates?
April 2017

Model Specifications for Estimating Labor Market Returns to Associate Degrees: How Robust Are Fixed Effects Estimates?

Clive BelfieldThomas Bailey
This CAPSEE working paper reviews results from fixed effects models of the earnings gains from completing an associate degree and compares them with ordinary least squares model estimates.
The Labor Market Returns to Sub-Baccalaureate College: A Review
March 2017

The Labor Market Returns to Sub-Baccalaureate College: A Review

Clive BelfieldThomas Bailey
This CAPSEE working paper and accompanying brief review recent evidence from eight states on the labor market returns to credit accumulation, certificates, and associate degrees from community colleges using large-scale, statewide administrative datasets.
Estimating Returns to College Attainment: Comparing Survey and State Administrative Data Based Estimates
January 2017

Estimating Returns to College Attainment: Comparing Survey and State Administrative Data Based Estimates

Judith Scott-ClaytonQiao “Anna” Wen
This CAPSEE working paper uses data from the National Longitudinal Survey of Youth 1997 to provide new, nationally representative, non-experimental estimates of the returns to degrees, as well as to assess the possible limitations of single-state, administrative-data-based estimates.
Labor Market Outcomes and Postsecondary Accountability: Are Imperfect Metrics Better Than None?
December 2016

Labor Market Outcomes and Postsecondary Accountability: Are Imperfect Metrics Better Than None?

Veronica MinayaJudith Scott-Clayton
This NBER working paper uses state administrative data and unemployment records to construct a variety of possible institution-level labor market outcome metrics to explore how sensitive institutional ratings are to the choice of labor market metric, length of follow-up, and inclusion of adjustments for student characteristics.
Goodbye to Summer Vacation? The Effects of Summer Enrollment on College and Employment Outcomes
November 2016

Goodbye to Summer Vacation? The Effects of Summer Enrollment on College and Employment Outcomes

Vivian Yuen Ting Liu
Using proximity to the closest four-year college as an instrumental variable, this CAPSEE working paper analyzes public higher education data from an anonymous state to examine how enrolling in summer credits can impact college and labor market outcomes.
Understanding the Relative Value of Alternative Pathways in Postsecondary Education: Evidence From the State of Virginia
October 2016

Understanding the Relative Value of Alternative Pathways in Postsecondary Education: Evidence From the State of Virginia

Di XuJeffrey Fletcher
This book chapter replicates and extends analyses completed in other statewide studies and estimates returns to credentials and credit accumulation for first-time college students who enrolled in the Virginia Community College System (VCCS) in 2004–2005 using a classic Mincerian approach.
Financial Aid, Debt Management, and Socioeconomic Outcomes: Post-College Effects of Merit-Based Aid
August 2016

Financial Aid, Debt Management, and Socioeconomic Outcomes: Post-College Effects of Merit-Based Aid

Judith Scott-ClaytonBasit Zafar
This paper utilizes two complementary quasi-experimental strategies to identify causal effects of the WV PROMISE scholarship, a broad-based state merit aid program, up to 10 years post–college entry and examine important outcomes that have not previously been examined, including homeownership, neighborhood characteristics, and financial management.
Early Labor Market and Debt Outcomes for Bachelor’s Degree Recipients: Heterogeneity by Institution Type and Major, and Trends Over Time
July 2016

Early Labor Market and Debt Outcomes for Bachelor’s Degree Recipients: Heterogeneity by Institution Type and Major, and Trends Over Time

Judith Scott-Clayton
Using national data on baccalaureate recipients in 1993 and 2008, this CAPSEE working paper examines labor market and debt outcomes four years after students graduate, with a focus on exploring heterogeneity by institution type and major, as well as trends over time.
Classifying STEM Programs in Community Colleges to Develop a State-Level Middle-Skill STEM Workforce Strategy
June 2016

Classifying STEM Programs in Community Colleges to Develop a State-Level Middle-Skill STEM Workforce Strategy

Valerie Lundy-WagnerEric W. Chan
This CAPSEE working paper provides a classification scheme for sub-baccalaureate STEM programs and, using data from Virginia, analyzes short-term earnings returns to community college STEM credentials.
Does Developmental Education Improve Labor Market Outcomes?  Evidence From Two States
June 2016

Does Developmental Education Improve Labor Market Outcomes? Evidence From Two States

Michelle HodaraDi Xu
Using longitudinal student-unit record data linked to wage record data, this paper estimates the labor market returns to developmental credits versus college-level credits in two states.
Do Students Benefit From Going Backward? The Academic and Labor Market Consequences of Four- to Two-Year College Transfer
June 2016

Do Students Benefit From Going Backward? The Academic and Labor Market Consequences of Four- to Two-Year College Transfer

Vivian Yuen Ting Liu
This CAPSEE working paper examines the effects of four-year to two-year college transfer on “struggling” students, or those who earned less than a 3.0 grade point average in the first term.
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