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How important is career information and advice?

Author

Listed:
  • Sandra McNally

    (University of Surrey, and LSE, UK, and IZA, Germany)

Abstract

The quantity and quality of educational investment matter for labor market outcomes such as earnings and employment. Yet, not everyone knows this, and navigating the education system can be extremely complex both for students and their parents. A growing economic literature has begun to test whether interventions designed to improve information about the costs and benefits of education and application processes have an effect on students’ behavior. So far, findings have been mixed, although the positive findings arising from some very carefully targeted interventions give cause for hope.

Suggested Citation

  • Sandra McNally, 2016. "How important is career information and advice?," IZA World of Labor, Institute of Labor Economics (IZA), pages 317-317, December.
    • Handle: RePEc:iza:izawol:journl:y:2016:n:317
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    References listed on IDEAS

    as
    1. Philip Oreopoulos & Ryan Dunn, 2013. "Information and College Access: Evidence from a Randomized Field Experiment," Scandinavian Journal of Economics, Wiley Blackwell, vol. 115(1), pages 3-26, January.
    2. Goux, Dominique & Gurgand, Marc & Maurin, Eric, 2014. "Adjusting Your Dreams? The Effect of School and Peers on Dropout Behaviour," IZA Discussion Papers 7948, Institute of Labor Economics (IZA).
    3. Caroline Hoxby & Christopher Avery, 2013. "The Missing "One-Offs": The Hidden Supply of High-Achieving, Low-Income Students," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 44(1 (Spring), pages 1-65.
    4. Booij, Adam S. & Leuven, Edwin & Oosterbeek, Hessel, 2012. "The role of information in the take-up of student loans," Economics of Education Review, Elsevier, vol. 31(1), pages 33-44.
    5. Kerr, Sari Pekkala & Pekkarinen, Tuomas & Sarvimäki, Matti & Uusitalo, Roope, 2020. "Post-secondary education and information on labor market prospects: A randomized field experiment," Labour Economics, Elsevier, vol. 66(C).
    6. Scott Carrell & Bruce Sacerdote, 2017. "Why Do College-Going Interventions Work?," American Economic Journal: Applied Economics, American Economic Association, vol. 9(3), pages 124-151, July.
    7. Roland G. Fryer, Jr, 2013. "Information and Student Achievement: Evidence from a Cellular Phone Experiment," NBER Working Papers 19113, National Bureau of Economic Research, Inc.
    8. McGuigan, Martin & McNally, Sandra & Wyness, Gill, 2014. "Student Awareness of Costs and Benefits of Educational Decisions: Effects of an Information Campaign and Media Exposure," IZA Discussion Papers 8596, Institute of Labor Economics (IZA).
    9. Robert Jensen, 2010. "The (Perceived) Returns to Education and the Demand for Schooling," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(2), pages 515-548.
    10. Eric P. Bettinger & Bridget Terry Long & Philip Oreopoulos & Lisa Sanbonmatsu, 2012. "The Role of Application Assistance and Information in College Decisions: Results from the H&R Block Fafsa Experiment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(3), pages 1205-1242.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Campbell, Stuart & Macmillan, Lindsey & Murphy, Richard & Wyness, Gill, 2019. "Inequalities in student to course match: evidence from linked administrative data," LSE Research Online Documents on Economics 103413, London School of Economics and Political Science, LSE Library.
    2. Fitzenberger Bernd & Hillerich-Sigg Annette & Sprietsma Maresa, 2020. "Different counselors, many options: Career guidance and career plans in secondary schools," German Economic Review, De Gruyter, vol. 21(1), pages 65-106, April.
    3. Gill Wyness, 2020. "Higher education applications and admissions," CEPEO Briefing Note Series 7, UCL Centre for Education Policy and Equalising Opportunities, revised Aug 2020.
    4. Stuart Campbell & Lindsey Macmillan & Richard Murphy & Gill Wyness, 2022. "Matching in the Dark? Inequalities in Student to Degree Match," Journal of Labor Economics, University of Chicago Press, vol. 40(4), pages 807-850.

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    More about this item

    Keywords

    information interventions; randomized control trials; education decisions;
    All these keywords.

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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