Deferred Costs and Economic Returns to College Major, Quality, and Performance: Recent Trends. ASHE Annual Meeting Paper.
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| Title: | Deferred Costs and Economic Returns to College Major, Quality, and Performance: Recent Trends. ASHE Annual Meeting Paper. |
|---|---|
| Language: | English |
| Authors: | Thomas, Scott L. |
| Peer Reviewed: | N |
| Page Count: | 31 |
| Publication Date: | 1998 |
| Sponsoring Agency: | National Science Foundation, Arlington, VA. National Center for Education Statistics (ED), Washington, DC. American Educational Research Association, Washington, DC. |
| Document Type: | Reports - Research Speeches/Meeting Papers |
| Descriptors: | College Graduates, College Outcomes Assessment, Debt (Financial), Education Work Relationship, Educational Benefits, Educational Economics, Followup Studies, Grade Point Average, Graduate Surveys, Higher Education, Loan Repayment, Longitudinal Studies, Majors (Students), Outcomes of Education, Salaries, Selective Colleges, Student Costs, Student Financial Aid, Trend Analysis |
| Assessment and Survey Identifiers: | Baccalaureate and Beyond Longitudinal Study (NCES) |
| Abstract: | This study examined college graduates' earnings and indebtedness one year after graduation. First, data from the first follow-up of the Baccalaureate & Beyond study (which followed a nationally representative sample of baccalaureate graduates from 1993) were used to describe the earnings distribution of full-time workers from various academic major areas. Second, a multi-level earnings model that incorporated demographic, family background, education, and labor market variables was developed; and, third, student indebtedness and student debt-to-earnings ratios were related to several individual-level and institutional-level variables (primarily from the Integrated Postsecondary Education Data System, 1993). Hierarchical linear modeling was used for data analysis. Results found three major influences on the initial earnings of college graduates and their debt ratios: (1) college major, with health-related and engineering majors earning the most and education and humanities majors the least; (2) college performance, as measured by grade point average, which had a positive impact on earnings and a negative impact on debt ratios; and (3) college quality, as measured by selectivity, which affected initial earnings but not debt ratios. (Contains 76 references and 7 tables.) (DB) |
| Entry Date: | 1999 |
| Accession Number: | ED427581 |
| Database: | ERIC |
| FullText | Text: Availability: 0 CustomLinks: – Url: https://eric.ed.gov/contentdelivery/servlet/ERICServlet?accno=ED427581 Name: ERIC Full Text Category: fullText Text: Full Text from ERIC |
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| Header | DbId: eric DbLabel: ERIC An: ED427581 AccessLevel: 3 PubType: Report PubTypeId: report PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Deferred Costs and Economic Returns to College Major, Quality, and Performance: Recent Trends. ASHE Annual Meeting Paper. – Name: Language Label: Language Group: Lang Data: English – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Thomas%2C+Scott+L%2E%22">Thomas, Scott L.</searchLink> – Name: PeerReviewed Label: Peer Reviewed Group: SrcInfo Data: N – Name: Pages Label: Page Count Group: Src Data: 31 – Name: DatePubCY Label: Publication Date Group: Date Data: 1998 – Name: SourceSuprt Label: Sponsoring Agency Group: SrcSuprt Data: National Science Foundation, Arlington, VA.<br />National Center for Education Statistics (ED), Washington, DC.<br />American Educational Research Association, Washington, DC. – Name: TypeDocument Label: Document Type Group: TypDoc Data: Reports - Research<br />Speeches/Meeting Papers – Name: Subject Label: Descriptors Group: Su Data: <searchLink fieldCode="DE" term="%22College+Graduates%22">College Graduates</searchLink><br /><searchLink fieldCode="DE" term="%22College+Outcomes+Assessment%22">College Outcomes Assessment</searchLink><br /><searchLink fieldCode="DE" term="%22Debt+%28Financial%29%22">Debt (Financial)</searchLink><br /><searchLink fieldCode="DE" term="%22Education+Work+Relationship%22">Education Work Relationship</searchLink><br /><searchLink fieldCode="DE" term="%22Educational+Benefits%22">Educational Benefits</searchLink><br /><searchLink fieldCode="DE" term="%22Educational+Economics%22">Educational Economics</searchLink><br /><searchLink fieldCode="DE" term="%22Followup+Studies%22">Followup Studies</searchLink><br /><searchLink fieldCode="DE" term="%22Grade+Point+Average%22">Grade Point Average</searchLink><br /><searchLink fieldCode="DE" term="%22Graduate+Surveys%22">Graduate Surveys</searchLink><br /><searchLink fieldCode="DE" term="%22Higher+Education%22">Higher Education</searchLink><br /><searchLink fieldCode="DE" term="%22Loan+Repayment%22">Loan Repayment</searchLink><br /><searchLink fieldCode="DE" term="%22Longitudinal+Studies%22">Longitudinal Studies</searchLink><br /><searchLink fieldCode="DE" term="%22Majors+%28Students%29%22">Majors (Students)</searchLink><br /><searchLink fieldCode="DE" term="%22Outcomes+of+Education%22">Outcomes of Education</searchLink><br /><searchLink fieldCode="DE" term="%22Salaries%22">Salaries</searchLink><br /><searchLink fieldCode="DE" term="%22Selective+Colleges%22">Selective Colleges</searchLink><br /><searchLink fieldCode="DE" term="%22Student+Costs%22">Student Costs</searchLink><br /><searchLink fieldCode="DE" term="%22Student+Financial+Aid%22">Student Financial Aid</searchLink><br /><searchLink fieldCode="DE" term="%22Trend+Analysis%22">Trend Analysis</searchLink> – Name: SubjectThesaurus Label: Assessment and Survey Identifiers Group: Su Data: <searchLink fieldCode="SU" term="%22Baccalaureate+and+Beyond+Longitudinal+Study+%28NCES%29%22">Baccalaureate and Beyond Longitudinal Study (NCES)</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: This study examined college graduates' earnings and indebtedness one year after graduation. First, data from the first follow-up of the Baccalaureate & Beyond study (which followed a nationally representative sample of baccalaureate graduates from 1993) were used to describe the earnings distribution of full-time workers from various academic major areas. Second, a multi-level earnings model that incorporated demographic, family background, education, and labor market variables was developed; and, third, student indebtedness and student debt-to-earnings ratios were related to several individual-level and institutional-level variables (primarily from the Integrated Postsecondary Education Data System, 1993). Hierarchical linear modeling was used for data analysis. Results found three major influences on the initial earnings of college graduates and their debt ratios: (1) college major, with health-related and engineering majors earning the most and education and humanities majors the least; (2) college performance, as measured by grade point average, which had a positive impact on earnings and a negative impact on debt ratios; and (3) college quality, as measured by selectivity, which affected initial earnings but not debt ratios. (Contains 76 references and 7 tables.) (DB) – Name: DateEntry Label: Entry Date Group: Date Data: 1999 – Name: AN Label: Accession Number Group: ID Data: ED427581 |
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| RecordInfo | BibRecord: BibEntity: Languages: – Text: English PhysicalDescription: Pagination: PageCount: 31 Subjects: – SubjectFull: College Graduates Type: general – SubjectFull: College Outcomes Assessment Type: general – SubjectFull: Debt (Financial) Type: general – SubjectFull: Education Work Relationship Type: general – SubjectFull: Educational Benefits Type: general – SubjectFull: Educational Economics Type: general – SubjectFull: Followup Studies Type: general – SubjectFull: Grade Point Average Type: general – SubjectFull: Graduate Surveys Type: general – SubjectFull: Higher Education Type: general – SubjectFull: Loan Repayment Type: general – SubjectFull: Longitudinal Studies Type: general – SubjectFull: Majors (Students) Type: general – SubjectFull: Outcomes of Education Type: general – SubjectFull: Salaries Type: general – SubjectFull: Selective Colleges Type: general – SubjectFull: Student Costs Type: general – SubjectFull: Student Financial Aid Type: general – SubjectFull: Trend Analysis Type: general – SubjectFull: Baccalaureate and Beyond Longitudinal Study (NCES) Type: general Titles: – TitleFull: Deferred Costs and Economic Returns to College Major, Quality, and Performance: Recent Trends. ASHE Annual Meeting Paper. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Thomas, Scott L. IsPartOfRelationships: – BibEntity: Dates: – D: 15 M: 10 Type: published Y: 1998 |
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