The Subjective Value of Postsecondary Education in the Time of Covid
Evidence from a Nationally Representative Panel
Bibliographic Data
| ID | 11256201 |
|---|---|
| Authors | Daniel Silver (0000-0001-7316-5146, University of Southern California), Daniel J Silver (0000-0002-7085-2626, Southern California University for Professional Studies, corresponding author), Morgan S Polikoff (0000-0002-6135-6292, University of Southern California), Morgan Polikoff (University of Southern California), Anna Saavedra (University of Southern California), Anna Rosefsky Saavedra (University of Southern California), Shira Alicia Korn Haderlein (0000-0002-3509-652X, Mathematica Policy Research), Shira Haderlein (Mathematica), Amie Rapaport (University of Southern California), Marshall Garland (University of Southern California) |
| Year | 2022 |
| Volume | 97 |
| Issue | 3 |
| Pages | 344-368 |
| Publication date | 2022-05-27 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Peabody Journal of Education (JOURNAL) |
| Journal identifiers | ISSN: 0161-956X • E-ISSN: 1532-7930 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/0161956x.2022.2079912 |
| OpenAlex | W4281918812 |
| Language | EN |
| References cited | 17 |
The COVID-19 pandemic has affected virtually all aspects of US life. It has disrupted education and employment and may have shifted the trade-off between employment and higher education in prospective students’ minds. The pandemic may have especially disrupted the educational trajectories of traditionally underserved postsecondary students, such as those from low-income and/or racially minoritized backgrounds, who often work while pursuing their degrees. If the pandemic has affected current and potential students’ subjective value of postsecondary education relative to its often-substantial costs, it may have affected their aspirations to enroll. Such effects may have lasting impacts on postsecondary enrollment and attainment, so are essential considerations. We provide suggestive evidence of such effects using data from the Understanding America Study, a nationally representative panel of US households. Using multilevel (respondent within household) ordered logistic models, we find that the pandemic has increased the subjective valuation of postsecondary education for non-white respondents relative to white respondents, for respondents in the South and West relative to the Northeast and Midwest, and over time for households with postsecondary students. We find no evidence for pandemic-driven differences in the subjective value of postsecondary education by household income level
Coronavirus disease 2019 (COVID-19 · Demographic economics · Economic growth · Economics · Educational attainment · Higher education · Pandemic · Panel Study of Income Dynamics · Political science · Postsecondary education · Respondent · Valuation (finance · Value (mathematics · Gender, Labor, and Family Dynamics · Higher Education Research Studies · Medicine · Psychology · Urban, Neighborhood, and Segregation Studies
Mobility Report Cards
Sampling and Weighting the Understanding America Study
Encyclopedia of Survey Research Methods
Racial and Ethnic Gaps in Postsecondary Aspirations and Enrollment
Striving Toward Effective Retention
Geography of College Opportunity
High School Context and College Plans
Income Segregation between School Districts and Inequality in Students' Achievement
| Citation velocity | historical |
|---|---|
| Highly cited | No |