Higher education, career opportunities, and intergenerational inequality

Claire Crawford, Paul Gregg, Lindsey Macmillan (), Anna Vignoles and Gill Wyness

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: The UK government has expressed a desire to increase social mobility, with policies to help achieve this aim focused on reducing inequalities in educational attainment. This paper draws together established and new information about the contribution that higher education can make to social mobility using a life-course approach, considering differences by family background in terms of university attendance and achievement, as well as occupation and earnings following graduation. We find substantial socio-economic differences at each stage. Young people from poorer backgrounds are, on average, less likely to go to university than their richer peers. Even among the selected group who do go to university, they are less likely to attend the highest status institutions, less likely to graduate, and less likely to achieve the highest degree classes. These differences in degree outcomes contribute to the lower average earnings of graduates from poorer families, but earnings differentials go well beyond those driven purely by degree attainment or institution attended. The evidence strongly suggests that, even after taking these factors into account, graduates from affluent families are more likely to obtain a professional job and to see higher earnings growth in the labour market. We discuss the implications of these findings for the prospects of higher education as a route to greater social mobility

Keywords: higher education; social mobility; widening participation (search for similar items in EconPapers)
JEL-codes: I23 J24 (search for similar items in EconPapers)
Date: 2016-10-13
New Economics Papers: this item is included in nep-edu and nep-eur
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Citations: View citations in EconPapers (26)

Published in Oxford Review of Economic Policy, 13, October, 2016, 32(4), pp. 553-575. ISSN: 0266-903X

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Journal Article: Higher education, career opportunities, and intergenerational inequality (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:68610

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