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How Do College Graduates' Earnings Change over Time? Implications for Higher Education Accountability Policy

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Title: How Do College Graduates' Earnings Change over Time? Implications for Higher Education Accountability Policy
Language: English
Authors: Jason Cohn, Urban Institute, Center on Education Data and Policy
Source: Urban Institute. 2024.
Availability: Urban Institute. 2100 M Street NW, Washington, DC 20037. Tel: 202-261-5687; Fax: 202-467-5775; Web site: http://www.urban.org
Peer Reviewed: N
Page Count: 11
Publication Date: 2024
Intended Audience: Policymakers
Document Type: Reports - Research
Education Level: Higher Education
Postsecondary Education
Descriptors: College Graduates, Education Work Relationship, Income, Wages, Educational Policy, Accountability, National Surveys, Outcomes of Education, Academic Degrees, Student Loan Programs, Loan Repayment, Income Contingent Loans
Assessment and Survey Identifiers: American Community Survey
Abstract: Recent higher education accountability policies and proposals have often linked programs' or institutions' federal aid access to students' postcompletion earnings. But proposals differ regarding when to measure earnings. Policymakers may want to know how fast earnings typically grow and when in an individual's career earnings growth rates change. To inform policies that measure earnings after students complete a credential, this brief examines average earnings trajectories for the first 5 years after graduation using program-level earnings data in the College Scorecard and for 25 years in the American Community Survey (ACS). Findings suggest that the effects of an accountability policy that measures earnings after graduation can be sensitive to which year is chosen, particularly for bachelor's and professional degrees.
Abstractor: ERIC
Entry Date: 2025
Accession Number: ED663690
Database: ERIC
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  Data: Recent higher education accountability policies and proposals have often linked programs' or institutions' federal aid access to students' postcompletion earnings. But proposals differ regarding when to measure earnings. Policymakers may want to know how fast earnings typically grow and when in an individual's career earnings growth rates change. To inform policies that measure earnings after students complete a credential, this brief examines average earnings trajectories for the first 5 years after graduation using program-level earnings data in the College Scorecard and for 25 years in the American Community Survey (ACS). Findings suggest that the effects of an accountability policy that measures earnings after graduation can be sensitive to which year is chosen, particularly for bachelor's and professional degrees.
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      – Text: English
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      – SubjectFull: College Graduates
        Type: general
      – SubjectFull: Education Work Relationship
        Type: general
      – SubjectFull: Income
        Type: general
      – SubjectFull: Wages
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      – SubjectFull: Educational Policy
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      – SubjectFull: Accountability
        Type: general
      – SubjectFull: National Surveys
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      – SubjectFull: Outcomes of Education
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      – SubjectFull: Academic Degrees
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      – SubjectFull: Student Loan Programs
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      – SubjectFull: Loan Repayment
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      – SubjectFull: Income Contingent Loans
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      – SubjectFull: American Community Survey
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              Y: 2024
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