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The upside of down: postsecondary enrollment in the Great Recession

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  • Lisa Barrow
  • Jonathan Davis

Abstract

There have been large increases in two-year, four-year public, and four-year private college enrollment since the start of the Great Recession—slightly larger than expected based on the historical relationships between unemployment and enrollment, and significantly larger than expected if the unemployment rate had remained at 2007 levels. The increased enrollment may lead to a net lifetime benefit of roughly $3.3 billion overall, or $1,500 for each person who enrolled.

Suggested Citation

  • Lisa Barrow & Jonathan Davis, 2012. "The upside of down: postsecondary enrollment in the Great Recession," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q IV, pages 117-129.
  • Handle: RePEc:fip:fedhep:y:2012:i:qiv:p:117-129:n:v.36no.4
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    Cited by:

    1. repec:bla:coecpo:v:35:y:2017:i:2:p:253-268 is not listed on IDEAS
    2. Canyon Bosler & Mary C. Daly & John G. Fernald & Bart Hobijn, 2017. "The Outlook for U.S. Labor-Quality Growth," NBER Chapters,in: Education, Skills, and Technical Change: Implications for Future US GDP Growth National Bureau of Economic Research, Inc.
    3. Stratton, Leslie S., 2017. "Housing Prices, Unemployment Rates, Disadvantage, and Progress toward a Degree," IZA Discussion Papers 10941, Institute for the Study of Labor (IZA).
    4. Bruce D. Meyer & Wallace K. C. Mok & James X. Sullivan, 2015. "Household Surveys in Crisis," Journal of Economic Perspectives, American Economic Association, vol. 29(4), pages 199-226, Fall.

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