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Title: Interruptions in Schooling of Young Women and Young Men
Resulting in 1 citation.
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Marcus, Richard D. |
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Interruptions in Schooling of Young Women and Young Men Ph.D. Dissertation, University of Chicago, 1983 Cohort(s): Young Men, Young Women Publisher: UMI - University Microfilms, Bell and Howell Information and Learning Keyword(s): Earnings; Gender Differences; Schooling; Work History Students interrupt their education even though it is not in their economic interest to break up the normal timing of educational investments. A substantial cost of about 50 percent of annual income is the estimated present value of lifetime lost income for a year of interruption found for men in the NLS of Young Men. For women, however, the present value of lost income was far less substantial; the cost of a year of interruption estimated from the NLS of Young Women was less than 10 percent of their average annual earnings. Significant determinants of the decision to return to school include Veterans Educational Assistance, pregnancy, living in the central city, and earnings on the first job below expected earnings. An economic model of schooling interruptions is used to explain the influence of earnings on the first job and the probability of interrupting. In this model, discontinuous schooling comes from a process of sampling the job market. The individual leaves school to work. If the match of his skills and personal characteristics match the needs of his employer, this appears as higher than expected earnings on the first job. Mismatches sometimes occur inducing a decision to return to school. Implications of an economic model of schooling interruptions are applied to the Young Women and Young Men samples. This model resolves the finding that the probability of an interruption increases the older the student is at the point he or she first leaves school. It is demonstrated that a return to school is based on a downward revision in the cost of schooling rather than an upward revision in the value of further schooling for young men. Earning information on the first job after schooling has no significant effect on young women's decision to return to school, due in part to the much lower lifetime cost of schooling interruptions suffered by young women. |
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Bibliography Citation
Marcus, Richard D. Interruptions in Schooling of Young Women and Young Men. Ph.D. Dissertation, University of Chicago, 1983. |