This report examines the association between institutional characteristics and the earnings of recent college graduates five years after graduation. Data from the 1980 High School and Beyond (HS&B) survey were combined with information about courses, grades, credits, and credentials contained in the Postsecondary Education Transcript Study, a comprehensive source of information about the postsecondary experiences of the 1980 HS&B sophomore cohort. Information about the colleges came from the Integrated Postsecondary Education Data System. The study also included information from the College Board's Annual Survey of Colleges. Data analysis indicated that the net contribution of college characteristics to variance in men's earnings was relatively small (somewhat less than the net effect of background characteristics on earnings). Higher education experiences accounted for substantially more variance in men's earnings than either college or background characteristics. Institutional characteristics explained more of the variance in women's earnings than they did in men's earnings. For both sexes, choice of major related to later earnings. Attending a selective versus nonselective institution also related to higher earnings. Appended are technical notes and methodology; standard error tables; and a glossary. (Contains 55 references.) (SM)

Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.

No detailed description available for "The Market for College Graduates".

Economics of Education: Research and Studies reviews key topics in the field of economics of education since 1960s. This book is organized into 12 parts. Part I and Part II focus on the supply side of human capital and narrower aspects of human capital creation by means of education. Subsequent parts look at the benefits of education; relationship between education and employment; controversies in the field of economics of education; issues of manpower planning; and methodology for empirically analyzing the issues in the economics of education. The last two parts address the costs of education, with emphasis on cost function, analysis and on the financing of education.

Economics of Education: A Selected Annotated Bibliography is an annotated bibliography of the economics of education. The criterion of selection is a simple one: whether the country or area study contributes to fundamental generalization about the economic aspects or economic role of education. The literature on developed countries is distinguished from that dealing with the developing nations. Comprised of 12 chapters, this volume begins with a list of topics for developed countries, including the economics and politics of education; educational planning; manpower forecasting; and social mobility and reserves of talent. The same topics are addressed in the second part for developing countries. The bibliography covers topics ranging from the theory of economic growth and the role of education in social change to the problems of labor and management in economic growth; the role of education in social and economic development; the economics of public education; and the economics of human resources. This book will be of interest to economists and educators.