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Who goes to graduate/professional school? The importance of economic fluctuations, undergraduate field, and ability

  • Bedard, Kelly
  • Herman, Douglas A.

This study examines the impact of fluctuations in entry-level labor market conditions on the graduate school enrollment decisions of newly minted undergraduate degree holders. Using repeated cross-section data for recently graduated science and engineering undergraduates from the National Survey of Recent College Graduates, and state-level unemployment rates to measure entry-level labor market conditions, we find that advanced degree enrollment patterns vary across the business cycle by undergraduate major, GPA, gender, and advanced degree type.

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Article provided by Elsevier in its journal Economics of Education Review.

Volume (Year): 27 (2008)
Issue (Month): 2 (April)
Pages: 197-210

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Handle: RePEc:eee:ecoedu:v:27:y:2008:i:2:p:197-210
Contact details of provider: Web page: http://www.elsevier.com/locate/econedurev

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  1. Ehrenberg, Ronald G, 1992. "The Flow of New Doctorates," Journal of Economic Literature, American Economic Association, vol. 30(2), pages 830-75, June.
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  8. Sandra E. Black & Amir Sufi, 2002. "Who Goes to College? Differential Enrollment by Race and Family Background," NBER Working Papers 9310, National Bureau of Economic Research, Inc.
  9. Berger, Mark C. & Kostal, Thomas, 2002. "Financial resources, regulation, and enrollment in US public higher education," Economics of Education Review, Elsevier, vol. 21(2), pages 101-110, April.
  10. Gustman, Alan L & Steinmeier, Thomas L, 1981. "The Impact of Wages and Unemployment on Youth Enrollment and Labor Supply," The Review of Economics and Statistics, MIT Press, vol. 63(4), pages 553-60, November.
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  15. Julian R. Betts & Laurel L. McFarland, 1995. "Safe Port in a Storm: The Impact of Labor Market Conditions on Community College Enrollments," Journal of Human Resources, University of Wisconsin Press, vol. 30(4), pages 741-765.
  16. Eide, Eric & Waehrer, Geetha, 1998. "The Role of the Option Value of College Attendance in College Major Choice," Economics of Education Review, Elsevier, vol. 17(1), pages 73-82, February.
  17. Ai, Chunrong & Norton, Edward C., 2003. "Interaction terms in logit and probit models," Economics Letters, Elsevier, vol. 80(1), pages 123-129, July.
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