Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Career earnings profile (1)
- College student outcomes (1)
- ECONOMIC DEVELOPMENT (1)
- Economic development (1)
- Education policy (1)
-
- Educational finance (1)
- Financial aid (1)
- Inequality (1)
- LABOR MARKET ISSUES (1)
- Local prosperity (1)
- Low-income (1)
- PSID (1)
- Panel Study of Income Dynamics (1)
- Place-based scholarship (1)
- Postsecondary education (1)
- Promise program (1)
- Promise scholarships (1)
- Regional migration (1)
- Regional policy and planning (1)
- Return to education (1)
- Wages, health insurance and other benefits (1)
Articles 1 - 2 of 2
Full-Text Articles in Education
Promise Scholarship Programs And Local Prosperity, Michelle Miller-Adams, Edward Smith
Promise Scholarship Programs And Local Prosperity, Michelle Miller-Adams, Edward Smith
Upjohn Institute Policy Papers
We argue that place-based college scholarships, if designed intentionally and leveraged effectively, can foster local economic development. Since the introduction of the Kalamazoo Promise in 2005, a growing number of communities have applied the place-based approach to investments in human capital through the creation of college scholarship programs. Reviewing the existing literature on educational and economic outcomes associated with Promise programs reveals that they can expand students’ postsecondary aspirations, improve a school district’s college-going culture, and increase college enrollment and degree attainment while promoting in-migration of residents and positive growth in housing prices. Therefore, these programs can serve a broader …
Degrees Of Poverty: The Relationship Between Family Income Background And The Returns To Education, Timothy J. Bartik, Brad J. Hershbein
Degrees Of Poverty: The Relationship Between Family Income Background And The Returns To Education, Timothy J. Bartik, Brad J. Hershbein
Upjohn Institute Working Papers
Drawing on the Panel Study of Income Dynamics, we document a startling empirical pattern: the career earnings premium from a four-year college degree (relative to a high school diploma) for persons from low-income backgrounds is considerably less than it is for those from higher-income backgrounds. For individuals whose family income in high school was above 1.85 times the poverty level, we estimate that career earnings for bachelor’s graduates are 136 percent higher than earnings for those whose education stopped at high school. However, for individuals whose family income during high school was below 1.85 times the poverty level, the career …