Determinants of Student Choice of Undergraduate Major Field
This paper investigates the determinants of student choice of undergraduate major field. It argues that this choice depends on a variety of pecuniary and non-pecuniary factors. After allowing for the recent trends toward Accounting and Business Administration, the empirical results indicate that earnings differentials among fields and differences in the rate of change in earnings among fields are the most important factors in the student's decision.
|Date of creation:||02 Nov 1981|
|Date of revision:||05 Feb 1982|
|Publication status:||Published in American Education Research Journal 2.19(1982): pp. 303-312|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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- James V. Koch, 1972. "Student Choice of Undergraduate Major Field of Study and Private Internal Rates of Return," ILR Review, Cornell University, ILR School, vol. 26(1), pages 680-685, October.
- W. Lee Hansen, 1963. "Total and Private Rates of Return to Investment in Schooling," Journal of Political Economy, University of Chicago Press, vol. 71, pages 128-128.
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