Catching up is hard to do: undergraduate prestige, elite graduate programs, and the earnings premium
A commonly held perception is that an elite graduate degree can “scrub” a less prestigious but less costly undergraduate degree. Using data from the National Survey of College Graduates from 2003 to 2017, this article examines the relationship between the status of undergraduate degrees and earnings...
Gespeichert in:
| Veröffentlicht in: | Journal of benefit-cost analysis 2019-09, Vol.10 (3), p.503-553 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 553 |
|---|---|
| container_issue | 3 |
| container_start_page | 503 |
| container_title | Journal of benefit-cost analysis |
| container_volume | 10 |
| creator | Hersch, Joni |
| description | A commonly held perception is that an elite graduate degree can “scrub” a less prestigious but less costly undergraduate degree. Using data from the National Survey of College Graduates from 2003 to 2017, this article examines the relationship between the status of undergraduate degrees and earnings among those with elite postbaccalaureate degrees. Few graduates of non-selective institutions earn postbaccalaureate degrees from elite institutions, and even when they do, undergraduate institutional prestige continues to be positively related to earnings overall as well as among those with specific postbaccalaureate degrees including business, law, medicine, and doctoral. Among those who earn a graduate degree from an elite institution, the present value of the earnings advantage to having both an undergraduate and a graduate degree from an elite institution generally greatly exceeds any likely cost advantage from attending a less prestigious undergraduate institution. |
| doi_str_mv | 10.1017/bca.2019.29 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_2338904063</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2338904063</sourcerecordid><originalsourceid>FETCH-LOGICAL-c388t-6382d1d4deb72b4ba5bb2bbada76939e6629ac41512e494ecca0c5458b41595b3</originalsourceid><addsrcrecordid>eNpFj01LxDAQhoMouKx78uSt4FFaM5OkTY5SdBUWvOg55GvdLtrUpD347-1SwbnMMDy8Lw8h10AroNDcW2cqpKAqVGdkhSCwRAl4froVL4WU8pJscj7SeQRvpMIVuWnN6A5d_1FMQ9Hl4mCSL8ZY-HhFLvbmM4fN316T96fHt_a53L1uX9qHXemYlGNZM4kePPfBNmi5NcJatNZ409SKqVDXqIzjIAADVzw4Z6gTXEg7_5SwbE1ul9whxe8p5FEf45T6uVIjY1JRTms2U3cL5VLMOYW9HlL3ZdKPBqpP-nrW1yd9jWqmi4UOLvZd_mdrxQGAN5z9AiRcVIw</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2338904063</pqid></control><display><type>article</type><title>Catching up is hard to do: undergraduate prestige, elite graduate programs, and the earnings premium</title><source>Cambridge University Press Journals Complete</source><creator>Hersch, Joni</creator><creatorcontrib>Hersch, Joni</creatorcontrib><description>A commonly held perception is that an elite graduate degree can “scrub” a less prestigious but less costly undergraduate degree. Using data from the National Survey of College Graduates from 2003 to 2017, this article examines the relationship between the status of undergraduate degrees and earnings among those with elite postbaccalaureate degrees. Few graduates of non-selective institutions earn postbaccalaureate degrees from elite institutions, and even when they do, undergraduate institutional prestige continues to be positively related to earnings overall as well as among those with specific postbaccalaureate degrees including business, law, medicine, and doctoral. Among those who earn a graduate degree from an elite institution, the present value of the earnings advantage to having both an undergraduate and a graduate degree from an elite institution generally greatly exceeds any likely cost advantage from attending a less prestigious undergraduate institution.</description><identifier>ISSN: 2194-5888</identifier><identifier>EISSN: 2152-2812</identifier><identifier>DOI: 10.1017/bca.2019.29</identifier><language>eng</language><publisher>Berlin: Cambridge University Press</publisher><subject>Business law ; College admissions ; College graduates ; Cost benefit analysis ; Cost control ; Earnings ; Education ; Employees ; Family income ; Graduate studies ; Labor market ; Low income groups ; Profits ; Secondary schools ; Students</subject><ispartof>Journal of benefit-cost analysis, 2019-09, Vol.10 (3), p.503-553</ispartof><rights>Copyright Cambridge University Press Fall 2019</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c388t-6382d1d4deb72b4ba5bb2bbada76939e6629ac41512e494ecca0c5458b41595b3</citedby><cites>FETCH-LOGICAL-c388t-6382d1d4deb72b4ba5bb2bbada76939e6629ac41512e494ecca0c5458b41595b3</cites><orcidid>0000-0001-5340-6985</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>315,782,786,27931,27932</link.rule.ids></links><search><creatorcontrib>Hersch, Joni</creatorcontrib><title>Catching up is hard to do: undergraduate prestige, elite graduate programs, and the earnings premium</title><title>Journal of benefit-cost analysis</title><description>A commonly held perception is that an elite graduate degree can “scrub” a less prestigious but less costly undergraduate degree. Using data from the National Survey of College Graduates from 2003 to 2017, this article examines the relationship between the status of undergraduate degrees and earnings among those with elite postbaccalaureate degrees. Few graduates of non-selective institutions earn postbaccalaureate degrees from elite institutions, and even when they do, undergraduate institutional prestige continues to be positively related to earnings overall as well as among those with specific postbaccalaureate degrees including business, law, medicine, and doctoral. Among those who earn a graduate degree from an elite institution, the present value of the earnings advantage to having both an undergraduate and a graduate degree from an elite institution generally greatly exceeds any likely cost advantage from attending a less prestigious undergraduate institution.</description><subject>Business law</subject><subject>College admissions</subject><subject>College graduates</subject><subject>Cost benefit analysis</subject><subject>Cost control</subject><subject>Earnings</subject><subject>Education</subject><subject>Employees</subject><subject>Family income</subject><subject>Graduate studies</subject><subject>Labor market</subject><subject>Low income groups</subject><subject>Profits</subject><subject>Secondary schools</subject><subject>Students</subject><issn>2194-5888</issn><issn>2152-2812</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2019</creationdate><recordtype>article</recordtype><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNpFj01LxDAQhoMouKx78uSt4FFaM5OkTY5SdBUWvOg55GvdLtrUpD347-1SwbnMMDy8Lw8h10AroNDcW2cqpKAqVGdkhSCwRAl4froVL4WU8pJscj7SeQRvpMIVuWnN6A5d_1FMQ9Hl4mCSL8ZY-HhFLvbmM4fN316T96fHt_a53L1uX9qHXemYlGNZM4kePPfBNmi5NcJatNZ409SKqVDXqIzjIAADVzw4Z6gTXEg7_5SwbE1ul9whxe8p5FEf45T6uVIjY1JRTms2U3cL5VLMOYW9HlL3ZdKPBqpP-nrW1yd9jWqmi4UOLvZd_mdrxQGAN5z9AiRcVIw</recordid><startdate>20190901</startdate><enddate>20190901</enddate><creator>Hersch, Joni</creator><general>Cambridge University Press</general><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>0-V</scope><scope>3V.</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>88C</scope><scope>88J</scope><scope>8AO</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>ATCPS</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>BHPHI</scope><scope>CCPQU</scope><scope>DPSOV</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>HCIFZ</scope><scope>K60</scope><scope>K6~</scope><scope>KC-</scope><scope>L.-</scope><scope>M0C</scope><scope>M0T</scope><scope>M2L</scope><scope>M2O</scope><scope>M2R</scope><scope>MBDVC</scope><scope>PADUT</scope><scope>PATMY</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PYCSY</scope><scope>PYYUZ</scope><scope>Q9U</scope><orcidid>https://orcid.org/0000-0001-5340-6985</orcidid></search><sort><creationdate>20190901</creationdate><title>Catching up is hard to do</title><author>Hersch, Joni</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c388t-6382d1d4deb72b4ba5bb2bbada76939e6629ac41512e494ecca0c5458b41595b3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2019</creationdate><topic>Business law</topic><topic>College admissions</topic><topic>College graduates</topic><topic>Cost benefit analysis</topic><topic>Cost control</topic><topic>Earnings</topic><topic>Education</topic><topic>Employees</topic><topic>Family income</topic><topic>Graduate studies</topic><topic>Labor market</topic><topic>Low income groups</topic><topic>Profits</topic><topic>Secondary schools</topic><topic>Students</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Hersch, Joni</creatorcontrib><collection>ECONIS</collection><collection>CrossRef</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>ProQuest Central (Corporate)</collection><collection>Access via ABI/INFORM (ProQuest)</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>Healthcare Administration Database (Alumni)</collection><collection>Social Science Database (Alumni Edition)</collection><collection>ProQuest Pharma Collection</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Social Science Premium Collection</collection><collection>Agricultural & Environmental Science Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>Natural Science Collection</collection><collection>ProQuest One Community College</collection><collection>Politics Collection</collection><collection>ProQuest Central Korea</collection><collection>Business Premium Collection (Alumni)</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>SciTech Premium Collection</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ProQuest Politics Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>Healthcare Administration Database</collection><collection>Political Science Database</collection><collection>Research Library</collection><collection>Social Science Database</collection><collection>Research Library (Corporate)</collection><collection>Research Library China</collection><collection>Environmental Science Database</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>Environmental Science Collection</collection><collection>ABI/INFORM Collection China</collection><collection>ProQuest Central Basic</collection><jtitle>Journal of benefit-cost analysis</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Hersch, Joni</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Catching up is hard to do: undergraduate prestige, elite graduate programs, and the earnings premium</atitle><jtitle>Journal of benefit-cost analysis</jtitle><date>2019-09-01</date><risdate>2019</risdate><volume>10</volume><issue>3</issue><spage>503</spage><epage>553</epage><pages>503-553</pages><issn>2194-5888</issn><eissn>2152-2812</eissn><abstract>A commonly held perception is that an elite graduate degree can “scrub” a less prestigious but less costly undergraduate degree. Using data from the National Survey of College Graduates from 2003 to 2017, this article examines the relationship between the status of undergraduate degrees and earnings among those with elite postbaccalaureate degrees. Few graduates of non-selective institutions earn postbaccalaureate degrees from elite institutions, and even when they do, undergraduate institutional prestige continues to be positively related to earnings overall as well as among those with specific postbaccalaureate degrees including business, law, medicine, and doctoral. Among those who earn a graduate degree from an elite institution, the present value of the earnings advantage to having both an undergraduate and a graduate degree from an elite institution generally greatly exceeds any likely cost advantage from attending a less prestigious undergraduate institution.</abstract><cop>Berlin</cop><pub>Cambridge University Press</pub><doi>10.1017/bca.2019.29</doi><tpages>51</tpages><orcidid>https://orcid.org/0000-0001-5340-6985</orcidid><oa>free_for_read</oa></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 2194-5888 |
| ispartof | Journal of benefit-cost analysis, 2019-09, Vol.10 (3), p.503-553 |
| issn | 2194-5888 2152-2812 |
| language | eng |
| recordid | cdi_proquest_journals_2338904063 |
| source | Cambridge University Press Journals Complete |
| subjects | Business law College admissions College graduates Cost benefit analysis Cost control Earnings Education Employees Family income Graduate studies Labor market Low income groups Profits Secondary schools Students |
| title | Catching up is hard to do: undergraduate prestige, elite graduate programs, and the earnings premium |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-04T10%3A57%3A50IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Catching%20up%20is%20hard%20to%20do:%20undergraduate%20prestige,%20elite%20graduate%20programs,%20and%20the%20earnings%20premium&rft.jtitle=Journal%20of%20benefit-cost%20analysis&rft.au=Hersch,%20Joni&rft.date=2019-09-01&rft.volume=10&rft.issue=3&rft.spage=503&rft.epage=553&rft.pages=503-553&rft.issn=2194-5888&rft.eissn=2152-2812&rft_id=info:doi/10.1017/bca.2019.29&rft_dat=%3Cproquest_cross%3E2338904063%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2338904063&rft_id=info:pmid/&rfr_iscdi=true |