ERIC Number: EJ1181141
Record Type: Journal
Publication Date: 2018
Pages: 21
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0964-5292
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Available Date: N/A
Labor Market Returns to College Education with Vocational Qualifications
Rzepka, Sylvi
Education Economics, v26 n4 p411-431 2018
In this paper, I assess labor market returns of a substantial skill upgrade: college enrollment of the vocationally trained, non-traditional students who do not have the formal entry requirement. Using propensity-score-adjusted regressions and the National Educational Panel Study, I find that these enrollees face high opportunity costs as they forgo earnings during the enrollment period. In the long-run, enrollees tend to obtain higher cumulative earnings than those who continue with a vocational-training-based career, but, there is a large degree of uncertainty. On the positive side, enrollees attain jobs with a higher reputation in society, hinting at sizable non-monetary returns.
Descriptors: Labor Market, Outcomes of Education, College Students, Nontraditional Students, Vocational Education, Education Work Relationship, Employment Qualifications, Regression (Statistics), Probability, Scores, Income, Enrollment, Foreign Countries, Statistical Analysis
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Germany
Grant or Contract Numbers: N/A
Author Affiliations: N/A