This paper investigates the impact of studying the first-choice university subject on dropout and switching field of … preferred field of study are more likely to change their field, delay graduation and drop out of university. The estimated …

classical universities are associated with higher earnings and more prestigious jobs than initial vocational training degrees …, and with higher prestige (but similar earnings) than further vocational degrees. However, bachelor’s degrees from … combine academic and practical training, offer both high earnings and prestigious jobs as well as low risks of unemployment or …

satisfaction, on the basis of a sample of employed individuals from the Socio-Economic Panel (SOEP) who possess a university … entrance qualification. The impact is analyzed relative to individuals who have never been enrolled in university study … (baseline group) and to individuals that have attained a university degree. The impacts are assessed by means of a double …

subsequent earnings and if a potential reduction lasts over the individual's labor market history. We construct a pseudo panel of … 1979, 1985/86, and 1991/92. Analyzing the pseudo panel data we find a strong negative impact on earnings for both a failed …