The Economic Decline of College Graduates: Fact or Fallacy?

Russell W. Rumberger

Journal of Human Resources, 1980, vol. 15, issue 1, 99-112

Abstract: Using Census data and information from the Department of Labor on the skill requirements of jobs, two models were tested in order to evaluate changes in the position of workers between 1969 and 1975. The first model was based on workers' mean weekly earnings. The second model was based on the discrepancy between the skill requirements of jobs and workers' educational skills. The results indicate that the economic position of male college graduates compared to high school graduates did not decline during this period in terms of relative earnings, but did decline in terms of the relative utilization of educational skills.

Date: 1980
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