Labor, Markets, and Educational Restructuring

Dados Bibliográficos

ID9757127
AutoresRobert Zemsky (autor correspondente)
Ano1998
Volume559
Fascículo1
Páginas77-90
Data de publicação1998-09-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Annals of the American Academy of Political and Social Science (JOURNAL)
Identificadores do periódicoISSN: 0002-7162 • E-ISSN: 1552-3349
EditoraSAGE Publications (PUBLISHER • US)
DOI10.1177/0002716298559001007
OpenAlexW1968707364
IdiomaEN
Citações recebidas5

Using a theoretical framework developed by Professor Akira Arimoto to describe recent changes in the Japanese system of higher education, Robert Zemsky discusses what happens when higher education becomes the norm in a society and when this massification of a higher education system gives way to post-massification. Zemsky demonstrates how, in the current era of post-massification, American higher education is a system under duress, at a time when the economy, shifting demographics, and political lassitude have forced a restructuring of the enterprise. He examines trends such as the price-income squeeze, where the economic returns to college have fallen while the cost has risen; the bifurcation of institutions into outlets and medallions; the reduced demand for young workers; and the dynamics of local labor and education markets. Zemsky concludes that, once the market for college graduates becomes saturated in a locality, the boundary between massification and post-massification is crossed, leading to a restratification of both educational attainment and economic advantage

Economic growth · Economics · Educational attainment · Higher education · Labour economics · Market economy · Norm (philosophy · Political economy · Political science · Politics · Restructuring · Elite Sociology and Global Capitalism · Finance · Higher Education Governance and Development · Law