Back to School: An Application of Human Capital Theory for Mature Workers

Autor/inn/en	Jepsen, Christopher; Montgomery, Mark
Titel	Back to School: An Application of Human Capital Theory for Mature Workers
Quelle	In: Economics of Education Review, 31 (2012) 1, S.168-178 (11 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/j.econedurev.2011.10.005
Schlagwörter	Human Capital; Marital Status; Higher Education; Adults; Urban Areas; Barriers; Access to Education; Adult Education; Income; Age; Nontraditional Students; Enrollment; Economics; Paying for College; Costs; Predictor Variables; Employees; Maryland + Suchen Sie Ihr Suchwort? Humankapital; Familienstand; Hochschulbildung; Hochschulsystem; Hochschulwesen; Urban area; Stadtregion; Education; Access; Bildung; Zugang; Bildungszugang; Adult; Adults; Adult basic education; Adult training; Erwachsenenbildung; Einkommen; Alter; Lebensalter; Einschulung; Volkswirtschaftslehre; Studienfinanzierung; Cost; Kosten; Prädiktor; Employee; Arbeitnehmer; Beschäftigter
Abstract	There is a vast literature on the decision to enroll in higher education, but it focuses almost entirely on traditional students: 18 year olds graduating from high school. Yet less than half of students at degree-granting institutions are in the traditional 18-22 age range; nearly 40% are at least 25. This paper examines the enrollment behavior of persons 25 or older. We use data from a large-scale 1998 Department of Labor (DOL) policy demonstration in Greater Baltimore. By studying the behavior of older people we can examine factors such as age, earnings and marital status that vary little among the much-studied traditional students. Our results conform to the (rarely tested) predictions of human capital theory that age and opportunity costs are impediments to enrollment. We also find that where you live has a substantial impact on whether you return to school. (Contains 2 figures and 5 tables.) (As Provided).
Anmerkungen	Elsevier. 6277 Sea Harbor Drive, Orlando, FL 32887-4800. Tel: 877-839-7126; Tel: 407-345-4020; Fax: 407-363-1354; e-mail: usjcs@elsevier.com; Web site: http://www.elsevier.com
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10