Research in Higher Education

, Volume 46, Issue 4, pp 437–459

Post-Baccalaureate Wage Growth within Four Years of Graduation: The Effects of College Quality and College Major

Authors

    • School of Industrial and Labor RelationsCornell University
    • Institute of Higher EducationUniversity of Georgia
  • Liang Zhang
    • School of Industrial and Labor RelationsCornell University
Article

DOI: 10.1007/s11162-005-2969-y

Cite this article as:
Thomas, S.L. & Zhang, L. Res High Educ (2005) 46: 437. doi:10.1007/s11162-005-2969-y

Abstract

This paper examines the impact of college quality and academic major on the earnings of a nationally representative sample of baccalaureate recipients. We extend previous work in this area by analyzing the magnitude of change in the influence of these factors at two points in the early career of these graduates. Our results demonstrate that, despite significant variation, graduates from higher quality colleges enjoy a greater rate of growth in earnings during their early career. We also show that growth in earnings varies significantly by the graduates’ major field of study. Wage growth for women and racial minorities is also examined.

Keywords

college qualityacademic majorlabor market outcomeshuman capital

Copyright information

© Springer Science+Business Media, Inc. 2005