This study was based on the data of the funding scale, income and expenditure structure and academic output level of the Russell Group universities from 2013 to 2022. By using methods such as the Granger causality test and the two-way fixed effects model, it analyses the relationship between the funding scale, structure and the academic output.…

Child Care in State Economies (2024) is a three-part series examining the current status of the paid child care industry in the U.S. The reports provide policymakers and other stakeholders with a detailed update on the status of the paid child care industry following unprecedented disruption during the recent COVID-19 public health pandemic. This…

This study seeks to investigate the association between distinct tracks of secondary education--namely, vocational school (Sekolah Menengah Kejuruan, SMK) and general school (Sekolah Menengah Atas, SMA)--and two key labor market outcomes: the duration required for graduates to attain their initial employment and their resilience in the face of…

Graduate education is among the fastest growing segments of the U.S. higher educational system. This paper estimates the returns to Master's degrees and examines heterogeneity in the returns by field area, student demographics and initial labor market conditions. We use rich administrative data from Ohio and an individual fixed effects model that…

This dissertation includes three essays on the economics of higher education. In the first chapter, I study the effects of college transfer. Over one-third of college students in the United States transfer between institutions, yet little is known about how transferring affect students' educational and labor market outcomes. Using administrative…

College and university administrators must be able to process large amounts of financial information quickly and be able to communicate information about financial performance to governing boards. Financial ratio analysis provides a framework for administrators to identify financial and operational concerns as well as variances from institutional…

Graduate education is among the fastest growing segments of the U.S. higher educational system. This paper provides up-to-date causal evidence on labor market returns to Master's degrees and examines heterogeneity in the returns by field area, student demographics and initial labor market conditions. We use rich administrative data from Ohio and…

Tuition discounting has been a long-standing practice among colleges and universities. Its roots can be traced to the beginnings of the 1970s, and its use has continued to increase and expand in the decades following. However, despite its widespread use, the research is inconclusive whether tuition discounting has been an effective strategy to…

We use data on over 14,000 teacher candidates in Washington state, merged with employment data from the state's public schools and Unemployment Insurance system, to investigate the career paths and earnings of teacher candidates in the state. Around 75% of candidates are employed in some education position in each of the 5 years after student…

This dissertation consists of two chapters, both of which study the wealth inequality using heterogenous agent general equilibrium model. In particular, the first chapter focuses on a government policy and its implications on wealth inequality. The second chapter incorporates cost to high return assets to generate realistic wealth mobility in the…

2020 will forever be remembered as the year of COVID-19, the illness caused by the novel coronavirus. The graduating class of 2020 will face a difficult job market, and the adversities will follow them for years. New graduates facing these types of jobs numbers will be subject to "scarring"--reduced lifetime incomes caused by entering…

In this 2023 NEA Special Salary issue, a post-pandemic look at faculty salaries in 2022. What was found, looking at federal data, is that U.S. faculty's purchasing power--that is the value of your salary, considering inflation--is at historical lows. All the gains that were made incrementally since the Great Recession of 2008 have evaporated in…

Nationally, the labor market is seeking workers to fill the increasing number of high salary job vacancies, but those qualified to fill them are in limited supply. The skills and third-party industry credentials earned in secondary Career and Technical Education (CTE) programs seem a perfect fit for the student, employer, and economy. However,…

During the Great Recession, national public school per-pupil spend-ing fell by roughly 7 percent and persisted beyond the recovery. The impact of such large and sustained education funding cuts is not well understood. To examine this, first, we document that the recessionary drop in spending coincided with the end of decades-long national growth…

Higher education systems equip individuals with the tools they need to succeed in the labor market with higher-paying jobs that lead to improved living standards and more secure and fulfilling lives. Higher education was critical in the recovery from the last recession, and during the COVID-19 crisis, higher education has acted as a protective…