publication . Preprint . 2013

Making College Worth It: A Review of Research on the Returns to Higher Education

Philip Oreopoulos; Uros Petronijevic;
Open Access
  • Published: 01 May 2013
Recent stories of soaring student debt levels and under-placed college graduates have caused some to question whether a college education is still a sound investment. In this paper, we review the literature on the returns to higher education in an attempt to determine who benefits from college. Despite the tremendous heterogeneity across potential college students, we conclude that the investment appears to payoff for both the average and marginal student. During the past three decades in particular, the earnings premium associated with a college education has risen substantially. Beyond the pecuniary benefits of higher education, we suggest that there also may ...
free text keywords: jel:I21, jel:J24

Canadian Journal of Economics 34, no. 2 (2001): 313-344.

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