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Did the Value of a College Degree Decline during the Great Recession?

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Abstract

The authors have previously explored the impact of choices regarding school and major on employment, earnings, and upward economic mobility. In this post they extend their work with an investigation into whether these labor market effects were preserved across the last business cycle: Did students with certain types of educational attainment weather the recession better?

Suggested Citation

  • Rajashri Chakrabarti & Michelle Jiang & William Nober, 2019. "Did the Value of a College Degree Decline during the Great Recession?," Liberty Street Economics 20190710, Federal Reserve Bank of New York.
  • Handle: RePEc:fip:fednls:87343
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    File URL: https://libertystreeteconomics.newyorkfed.org/2019/07/did-the-value-of-a-college-degree-decline-during-the-great-recession.html
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