The Value of Informal Learning within Work-Based Learning: The Economic Benefits of WBL

Autor/inn/en	Plasman, Jay; Thompson, Caleb
Titel	The Value of Informal Learning within Work-Based Learning: The Economic Benefits of WBL
Quelle	In: International Journal of Training and Development, 27 (2023) 3-4, S.305-326 (22 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Zusatzinformation	ORCID (Plasman, Jay)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1360-3736
DOI	10.1111/ijtd.12299
Schlagwörter	Vocational Education; Experiential Learning; Work Experience Programs; Informal Education; Income; Program Effectiveness; Correlation; High School Students; Mentors; Service Learning; High School Graduates; College Readiness; Career Readiness + Suchen Sie Ihr Suchwort? Ausbildung; Berufsbildung; Experiental learning; Erfahrungsorientiertes Lernen; Informelle Bildung; Nichtformale Bildung; Einkommen; Korrelation; High school; High schools; Student; Students; Oberschule; Schüler; Schülerin; Studentin; Service-Learning; Graduate; Graduates; Absolvent; Absolventin
Abstract	Recent updates to federal policy governing career and technical education (CTE) in the United States have emphasised the need to include work-based learning (WBL) experiences as central components of CTE programming. Many of these experiences showcase an informal learning component which has strong ties to early career success as suggested by the Human Capital Theory. This study explores the following questions: What is the relationship between WBL and early career income? Are there differential relationships based on the type of WBL experience? The Education Longitudinal Study of 2002 (ELS) includes nationally representative data for student participation in WBL and early career income. We used school-fixed effects and propensity score matching techniques to respond to our questions regarding the potential relationship between WBL participation and early career income. We found that students who participated in at least one WBL experience in high school could expect to have an average 7% higher income compared to non-WBL participants. With respect to specific WBL experiences, job shadowing, community service, and mentoring had the largest positive relationship to higher early career income. Findings from this study indicate that participation in WBL experiences can have a positive impact on a high school graduate's college and career readiness as measured through early career income. Given the differential relationships observed for different types of WBL, schools, policymakers, and students should explore WBL options that best align with their personal goals. (As Provided).
Anmerkungen	Wiley. Available from: John Wiley & Sons, Inc. 111 River Street, Hoboken, NJ 07030. Tel: 800-835-6770; e-mail: cs-journals@wiley.com; Web site: https://www.wiley.com/en-us
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01