Of Higher Salaries and Superior Skills: Comparing the Worth of Public and Private University Education

Autor/inn/en	Soon, Jan-Jan; Lim, Hock-Eam; Ismail, Russayani
Titel	Of Higher Salaries and Superior Skills: Comparing the Worth of Public and Private University Education
Quelle	In: Journal of Education and Work, 34 (2021) 2, S.217-231 (15 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1363-9080
DOI	10.1080/13639080.2021.1897545
Schlagwörter	Salaries; Salary Wage Differentials; Value Added Models; Outcomes of Education; Skill Development; Public Colleges; Private Colleges; College Graduates; Undergraduate Study; Cost Indexes; Foreign Countries; Malaysia + Suchen Sie Ihr Suchwort? Entlohnung; Gehalt; Lernleistung; Schulerfolg; Kompetenzentwicklung; Qualifikationsentwicklung; Privathochschule; Hochschulabsolvent; Hochschulabsolventin; Grundstudium; Kostenentwicklung; Ausland
Abstract	The paper compares the worth of public and private university education. We develop a Public-Private University Worth parity index and provide empirical estimations to lend rigour in testing our main hypothesis that the type of university education does not matter in determining salaries and skills' value-added. Using data from a recent questionnaire survey, our proposed parity index suggests that private university graduates have higher salaries, while public university graduates have better skill gains. Nevertheless, after controlling for variables not captured in the index calculations, our empirical estimations show no strong evidence that type of university education drives salaries and gains in skills' value-added. Our paper fills the gap of empirical works that compare public-private university worth, particularly in the context of Malaysia and countries with a similar public-private university education system. Our findings behove policy-makers to de-emphasise the public-private university divide. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01