Wednesday, February 12, 2014
Tweet[IWS] PEW: THE RISING COST OF NOT GOING TO COLLEGE [11 February 2014]
IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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PewResearchCenter
http://www.pewsocialtrends.org/
THE RISING COST OF NOT GOING TO COLLEGE [11 February 2014]
http://www.pewsocialtrends.org/2014/02/11/the-rising-cost-of-not-going-to-college/
or
http://www.pewsocialtrends.org/files/2014/02/SDT-higher-ed-FINAL-02-11-2014.pdf
[full-text, 66 pages]
[excerpt]
For those who question the value of college in this era of soaring student debt and high unemployment, the attitudes and experiences of today’s young adults—members of the so-called Millennial generation—provide a compelling answer. On virtually every measure of economic well-being and career attainment—from personal earnings to job satisfaction to the share employed full time—young college graduates are outperforming their peers with less education. And when today’s young adults are compared with previous generations, the disparity in economic outcomes between college graduates and those with a high school diploma or less formal schooling has never been greater in the modern era.
Table of Contents
Overview 3
Chapter 1: Education and Economic Outcomes Among the Young 12
College Graduates in the Labor Market 15
The Broader Economic Arrangements of College Graduates 23
Chapter 2: Public Views on the Value of Education 29
Education and Work 32
Is College Still Worth It? 37
The Value of a College Major 41
Appendix A: Additional Charts on the Labor Market 48
Appendix B: Data Sources 50
Appendix C: Young Adult Living Arrangements and Household Incomes 54
Appendix D: Topline Questionnaire 57
References 64
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