Graduate Degrees: Risky and Unequal Paths to the Top
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| Title: | Graduate Degrees: Risky and Unequal Paths to the Top |
|---|---|
| Language: | English |
| Authors: | Artem Gulish, Catherine Morris, Ban Cheah, Jeff Strohl, Georgetown University, Center on Education and the Workforce (CEW) |
| Source: | Georgetown University Center on Education and the Workforce. 2024. |
| Availability: | Georgetown University Center on Education and the Workforce. 3300 Whitehaven Street NW Suite 5000 Box 571444, Washington, DC 20057. Tel: 202-687-4922; Fax: 202-687-3110; e-mail: cewgeorgetown@georgetown.edu; Web site: http://cew.georgetown.edu |
| Peer Reviewed: | N |
| Page Count: | 110 |
| Publication Date: | 2024 |
| Sponsoring Agency: | Arnold Ventures |
| Document Type: | Reports - Evaluative |
| Education Level: | Higher Education Postsecondary Education |
| Descriptors: | Graduate Students, Graduate Study, Cost Effectiveness, Paying for College, Compensation (Remuneration), Loan Repayment, Debt (Financial), Federal Programs, Need Analysis (Student Financial Aid), Student Financial Aid, Promotion (Occupational), Risk Assessment, Educational Benefits, Education Work Relationship, Educational Status Comparison |
| Abstract: | Is graduate school worth it? Graduate degrees--including master's, professional, and doctoral degrees--can help individuals boost their earnings and improve career advancement opportunities. But they can also be high-risk investments given rising costs, student debt, and the current lack of transparency about program outcomes. "Graduate Degrees: Risky and Unequal Paths to the Top" proposes new measures to improve accountability and transparency in graduate education through a regulatory framework for Grad PLUS loan eligibility that includes both an in-field earnings premium test and a debt-to-earnings test. The report also examines median earnings, costs, and debt across different types of graduate degrees in different fields of study, along with equity gaps in graduate degree attainment and earnings outcomes by race/ethnicity and gender. |
| Abstractor: | As Provided |
| Entry Date: | 2024 |
| Accession Number: | ED661832 |
| Database: | ERIC |
| Abstract: | Is graduate school worth it? Graduate degrees--including master's, professional, and doctoral degrees--can help individuals boost their earnings and improve career advancement opportunities. But they can also be high-risk investments given rising costs, student debt, and the current lack of transparency about program outcomes. "Graduate Degrees: Risky and Unequal Paths to the Top" proposes new measures to improve accountability and transparency in graduate education through a regulatory framework for Grad PLUS loan eligibility that includes both an in-field earnings premium test and a debt-to-earnings test. The report also examines median earnings, costs, and debt across different types of graduate degrees in different fields of study, along with equity gaps in graduate degree attainment and earnings outcomes by race/ethnicity and gender. |
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