The Effect of Local Labor Market Downturns on Postsecondary Enrollment and Program Choice

被引：13

作者：

Foote, Andrew ^{[1
]}

Grosz, Michel ^{[2
]}

机构：

[1] US Bur Census, Ctr Econ Studies, Suitland, MD 20746 USA

[2] Fed Trade Commiss, Bur Econ, Washington, DC 20580 USA

来源：

EDUCATION FINANCE AND POLICY | 2020年 / 15卷 / 04期

关键词：

FOR-PROFIT COLLEGES; RETURNS; IMPACT; STUDENTS; DEMAND; EARNINGS; SCHOOL; UNEMPLOYMENT; EMPLOYMENT; EDUCATION;

D O I：

10.1162/edfp_a_00288

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We examine how workers invest in human capital following unanticipated local labor market downturns. We find that, on average, two-year college enrollment increases by three students within three years for every one hundred workers laid off. This rise in enrollment accounts for half the observed increase in labor force nonparticipation following mass layoffs. Completions in career-technical programs also increase, especially in short-term certificates, but vary by field of study. We find the effect on completions is strongest in fields of study with larger earnings returns.

引用

页码：593 / 622

页数：30

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