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The benefits of starting college in a recession

Bičáková, Alena, Cortes, Matias and Mazza, Jacopo (2021) The benefits of starting college in a recession. LSE Business Review (14 Oct 2021). Blog Entry.

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Abstract

Recessions induce enrolment in higher education, but how do students who enrol during bad times end up performing in the labour market? Alena Bičáková, Matias Cortes, and Jacopo Mazza show that college graduates in the UK and the US who enrolled in university during bad economic times had higher earnings once they entered the labour market, compared to those who enrolled during good times. This occurs because they exert greater effort during their studies, and potentially also after entering the labour market.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Authors
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
L Education > LB Theory and practice of education > LB2300 Higher Education
Date Deposited: 23 Nov 2021 13:45
Last Modified: 23 Nov 2021 13:45
URI: http://eprints.lse.ac.uk/id/eprint/112644

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