Back to school: An Application of human capital theory for mature workers

DC FieldValueLanguage
dc.contributor.authorJepsen, Christopher-
dc.contributor.authorMontgomery, Mark-
dc.date.accessioned2013-07-12T10:30:20Z-
dc.date.available2013-07-12T10:30:20Z-
dc.date.copyright2011 Elsevier Ltd.en
dc.date.issued2012-02-
dc.identifier.citationEconomics of Education Reviewen
dc.identifier.urihttp://hdl.handle.net/10197/4435-
dc.description.abstractThere is a vast literature on the decision to enroll in higher education, but it focuses almost entirely on traditional students: 18 year olds graduating from high school. Yet less than half of students at degree-granting institutions are in the traditional 18–22 age range; nearly 40% are at least 25. This paper examines the enrollment behavior of persons 25 or older. We use data from a large-scale 1998 Department of Labor (DOL) policy demonstration in Greater Baltimore. By studying the behavior of older people we can examine factors such as age, earnings and marital status that vary little among the much-studied traditional students. Our results conform to the (rarely tested) predictions of human capital theory that age and opportunity costs are impediments to enrollment. We also find that where you live has a substantial impact on whether you return to school.en
dc.language.isoenen
dc.publisherElsevieren
dc.rightsThis is the author’s version of a work that was accepted for publication in Economics of Education Review. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Economics of Education Review (Volume 31, Issue 1, February 2012, Pages 168–178) DOI:10.1016/j.econedurev.2011.10.005 Elsevier Ltd.en
dc.subjectPostsecondary educationen
dc.subjectEnrollmenten
dc.subjectHuman capital theoryen
dc.subjectNontraditional studentsen
dc.titleBack to school: An Application of human capital theory for mature workersen
dc.typeJournal Articleen
dc.internal.authorcontactotherchristopher.jepsen@ucd.ie-
dc.internal.availabilityFull text availableen
dc.statusPeer revieweden
dc.identifier.volume31en
dc.identifier.issue1en
dc.identifier.startpage168en
dc.identifier.endpage178en
dc.identifier.doi10.1016/j.econedurev.2011.10.005-
dc.neeo.contributorJepsen|Christopher|aut|-
dc.neeo.contributorMontgomery|Mark|aut|-
dc.description.adminAMSen
dc.internal.rmsid290024257-
dc.date.updated2013-06-26T10:52:47Z-
item.grantfulltextopen-
item.fulltextWith Fulltext-
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