Regardless of the Cost, College Still Matters
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| Title: | Regardless of the Cost, College Still Matters |
|---|---|
| Language: | English |
| Authors: | Greenstone,, Michael, Looney, Adam |
| Source: | Hamilton Project. 2012. |
| Availability: | Hamilton Project. Available from: Brookings Institution. 1775 Massachusetts Avenue NW, Washington, DC 20036. Tel: 202-797-6484; Fax: 202-741-6575; e-mail: info@hamiltonproject.org; Web site: http://www.hamiltonproject.org |
| Peer Reviewed: | N |
| Page Count: | 6 |
| Publication Date: | 2012 |
| Document Type: | Reports - Evaluative |
| Education Level: | Higher Education |
| Descriptors: | College Graduates, Employment Level, College Attendance, Economic Climate, Paying for College, Tuition, Expenditure per Student, Investment, Outcomes of Education, Educational Benefits, Cost Effectiveness, Input Output Analysis, Economic Impact, Salary Wage Differentials, Education Work Relationship |
| Geographic Terms: | United States |
| Abstract: | The unemployment rate dropped to 7.8 percent in September, falling below 8 percent for the first time since January 2009. Furthermore, the share of working-age Americans who are employed increased to 58.7 percent, the highest level since May 2010. Employers added 114,000 jobs last month, and an average of more than 145,000 over the past three months, roughly the same pace of job growth experienced over 2011 and 2012. As America continues its recovery from the Great Recession, there is an ongoing debate in the media and among policymakers about the value of a college degree in today's economic climate. One issue that is receiving a significant amount of attention is the rising cost of college. Indeed, tuition has increased by almost "50 percent" in the last 30 years, prompting some people to ask whether college is still worth the price of admission. In this analysis, The Hamilton Project confirms its previous findings that the returns to college attendance are much higher than other investments, such as stocks, bonds, and real estate. The authors also find that the returns to college have been largely constant over the last 35 years, indicating that the rising tuition costs have been offset by the increased earnings premium for college graduates. Finally, they continue to explore the nation's "jobs gap," or the number of jobs that the U.S. economy needs to create in order to return to pre-recession employment levels. |
| Abstractor: | ERIC |
| Entry Date: | 2013 |
| Access URL: | https://www.hamiltonproject.org/files/downloads_and_links/September_2012_Jobs_Report_FINAL.pdf |
| Accession Number: | ED539548 |
| Database: | ERIC |
| FullText | Text: Availability: 0 |
|---|---|
| Header | DbId: eric DbLabel: ERIC An: ED539548 AccessLevel: 3 PubType: Report PubTypeId: report PreciseRelevancyScore: 0 |
| IllustrationInfo | |
| Items | – Name: Title Label: Title Group: Ti Data: Regardless of the Cost, College Still Matters – Name: Language Label: Language Group: Lang Data: English – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Greenstone%2C%2C+Michael%22">Greenstone,, Michael</searchLink><br /><searchLink fieldCode="AR" term="%22Looney%2C+Adam%22">Looney, Adam</searchLink> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="SO" term="%22Hamilton+Project%22"><i>Hamilton Project</i></searchLink>. 2012. – Name: Avail Label: Availability Group: Avail Data: Hamilton Project. Available from: Brookings Institution. 1775 Massachusetts Avenue NW, Washington, DC 20036. Tel: 202-797-6484; Fax: 202-741-6575; e-mail: info@hamiltonproject.org; Web site: http://www.hamiltonproject.org – Name: PeerReviewed Label: Peer Reviewed Group: SrcInfo Data: N – Name: Pages Label: Page Count Group: Src Data: 6 – Name: DatePubCY Label: Publication Date Group: Date Data: 2012 – Name: TypeDocument Label: Document Type Group: TypDoc Data: Reports - Evaluative – Name: Audience Label: Education Level Group: Audnce Data: <searchLink fieldCode="EL" term="%22Higher+Education%22">Higher Education</searchLink> – Name: Subject Label: Descriptors Group: Su Data: <searchLink fieldCode="DE" term="%22College+Graduates%22">College Graduates</searchLink><br /><searchLink fieldCode="DE" term="%22Employment+Level%22">Employment Level</searchLink><br /><searchLink fieldCode="DE" term="%22College+Attendance%22">College Attendance</searchLink><br /><searchLink fieldCode="DE" term="%22Economic+Climate%22">Economic Climate</searchLink><br /><searchLink fieldCode="DE" term="%22Paying+for+College%22">Paying for College</searchLink><br /><searchLink fieldCode="DE" term="%22Tuition%22">Tuition</searchLink><br /><searchLink fieldCode="DE" term="%22Expenditure+per+Student%22">Expenditure per Student</searchLink><br /><searchLink fieldCode="DE" term="%22Investment%22">Investment</searchLink><br /><searchLink fieldCode="DE" term="%22Outcomes+of+Education%22">Outcomes of Education</searchLink><br /><searchLink fieldCode="DE" term="%22Educational+Benefits%22">Educational Benefits</searchLink><br /><searchLink fieldCode="DE" term="%22Cost+Effectiveness%22">Cost Effectiveness</searchLink><br /><searchLink fieldCode="DE" term="%22Input+Output+Analysis%22">Input Output Analysis</searchLink><br /><searchLink fieldCode="DE" term="%22Economic+Impact%22">Economic Impact</searchLink><br /><searchLink fieldCode="DE" term="%22Salary+Wage+Differentials%22">Salary Wage Differentials</searchLink><br /><searchLink fieldCode="DE" term="%22Education+Work+Relationship%22">Education Work Relationship</searchLink> – Name: Subject Label: Geographic Terms Group: Su Data: <searchLink fieldCode="DE" term="%22United+States%22">United States</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: The unemployment rate dropped to 7.8 percent in September, falling below 8 percent for the first time since January 2009. Furthermore, the share of working-age Americans who are employed increased to 58.7 percent, the highest level since May 2010. Employers added 114,000 jobs last month, and an average of more than 145,000 over the past three months, roughly the same pace of job growth experienced over 2011 and 2012. As America continues its recovery from the Great Recession, there is an ongoing debate in the media and among policymakers about the value of a college degree in today's economic climate. One issue that is receiving a significant amount of attention is the rising cost of college. Indeed, tuition has increased by almost "50 percent" in the last 30 years, prompting some people to ask whether college is still worth the price of admission. In this analysis, The Hamilton Project confirms its previous findings that the returns to college attendance are much higher than other investments, such as stocks, bonds, and real estate. The authors also find that the returns to college have been largely constant over the last 35 years, indicating that the rising tuition costs have been offset by the increased earnings premium for college graduates. Finally, they continue to explore the nation's "jobs gap," or the number of jobs that the U.S. economy needs to create in order to return to pre-recession employment levels. – Name: AbstractInfo Label: Abstractor Group: Ab Data: ERIC – Name: DateEntry Label: Entry Date Group: Date Data: 2013 – Name: URL Label: Access URL Group: URL Data: <link linkTarget="URL" linkTerm="https://www.hamiltonproject.org/files/downloads_and_links/September_2012_Jobs_Report_FINAL.pdf" linkWindow="_blank">http://www.hamiltonproject.org/files/downloads_and_links/September_2012_Jobs_Report_FINAL.pdf</link> – Name: AN Label: Accession Number Group: ID Data: ED539548 |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=eric&AN=ED539548 |
| RecordInfo | BibRecord: BibEntity: Languages: – Text: English PhysicalDescription: Pagination: PageCount: 6 Subjects: – SubjectFull: College Graduates Type: general – SubjectFull: Employment Level Type: general – SubjectFull: College Attendance Type: general – SubjectFull: Economic Climate Type: general – SubjectFull: Paying for College Type: general – SubjectFull: Tuition Type: general – SubjectFull: Expenditure per Student Type: general – SubjectFull: Investment Type: general – SubjectFull: Outcomes of Education Type: general – SubjectFull: Educational Benefits Type: general – SubjectFull: Cost Effectiveness Type: general – SubjectFull: Input Output Analysis Type: general – SubjectFull: Economic Impact Type: general – SubjectFull: Salary Wage Differentials Type: general – SubjectFull: Education Work Relationship Type: general – SubjectFull: United States Type: general Titles: – TitleFull: Regardless of the Cost, College Still Matters Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Greenstone,, Michael – PersonEntity: Name: NameFull: Looney, Adam IsPartOfRelationships: – BibEntity: Dates: – D: 05 M: 10 Type: published Y: 2012 Titles: – TitleFull: Hamilton Project Type: main |
| ResultId | 1 |
