Other Economics Commons^™

Transitions From Higher Education To The Labor Market: Merit Aid, Time To Degree Signals, And Major Choice, Christopher P. Erwin

Economics ETDs

Human capital production is central to economic wellbeing from a national perspective: it improves productivity, spurs technological innovation, and promotes sustainable economic growth over time. Equally important, investments in human capital are central to economic wellbeing at the individual level. College graduates tend to earn more money, are more employable, are better able to manage economic downturns, and have even been shown to have better health. Moreover, for many students, the college experience is an important lesson in living independently, developing social and professional networks, and generally taking on more responsibility in one’s life. It has been said that pursuing …