Sentences with phrase «college wage premium»
Much has been made of the college wage premium, that is, the difference between incomes of college graduates versus non-college graduates.
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Since 1986, the dollar adjusted wages for people with a BA in the country have grown only by $ 700, but the college wage premium has grown largely because of the collapse of wages for people without those degrees:
«Overall, simple supply and demand specifications do a remarkable job of explaining the long - run evolution of the college wage premium.»
-- Moreover, and this part is particularly notable, the college wage premium, while as high as ever, hasn't grown much over almost two decades.
For example, anything that drives down the pay of the non-college educated, who still account for about 2/3 of the workforce, also drives up the college wage premium.
Though wage inequality by this measure has grown at a constant pace since 1979, since 2000, something other than the college wage premium mostly drove it up.
So you're wrong about the «college wage premium» when you don't include this effect.
Not exact matches
The figure makes two important points: the premium is as high as ever (wage signal: go to college!)
According to the literature, this wage premium is largest for men who demonstrate other «markers of workplace hegemonic masculinity,» meaning those who are white, heterosexual, married with a traditional division of labor in the home — even a stay - at - home - wife — college graduates, and white - collar workers.
The wage premiums associated with college completion make it the nearest thing in education to an economic sure thing.
Once again, the rising supply of alumni helped shrink the wage premium that accrued to those with college educations.
The resulting shortage of college - educated workers has driven up the wage premium for postsecondary education: Workers with bachelor's degrees earned 74 percent more than those with high school diplomas in 2010, compared with 40 percent more in 1980.
Its wage premium for college graduates is the ninth - highest among the cities we looked at, and the unemployment rate for the college educated is just 3.6 percent.
When it comes to college graduates» job prospects, they can expect a wage premium of 89 percent, and an unemployment rate of 3.6 percent.
The area has an unemployment rate of just 2.8 percent for college graduates, and a degree brings a 71 percent wage premium.
It has a significantly above - average wage premium for college graduates, a solid median income, and a below - average cost of living.
«In the late 1970s, the median wage was 40 % higher for college graduates than for people with more than a high school degree; now the wage premium is about 80 %,» it says.