Eight economic facts on higher education

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Permanent URL for this page: http://hdl.voced.edu.au/10707/431745.

Author: Schanzenbach, Diane Whitmore; Bauer, Lauren; Breitwieser, Audrey

Abstract:

Higher education provides extensive benefits to students, including higher wages, better health, and a lower likelihood of requiring disability payments. A population that is more highly educated also confers wide-ranging benefits to the economy, such as lower rates of unemployment and higher wages even for workers without college degrees. A postsecondary degree can also serve as a buffer against unemployment during economic downturns. Those with postsecondary degrees saw more steady employment through the Great Recession, and the vast majority of net jobs created during the economic...  [+] Show more

Subjects: Outcomes; Finance; Economics

Keywords: Return on education and training; Financial aid; Outcomes of education and training; Economics of education and training; Decision making; Academic achievement

Geographic subjects: United States; North America

Published: Washington, District of Columbia: Hamilton Project, 2017

Physical description: iv, 12 p.

Access item:

https://www.brookings.edu/research/eight-economic-facts-on-higher-education/

Resource type: Report

Call number: TD/TNC 128.449

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