to examine the earnings growth of college graduates relative to high school graduates during the 1970s depressed market … for graduates. The principal finding is that the longitudinal/cohort earnings profile for college graduates flattened … markedly relative to that for high school graduates in the 1970s. With smaller growth rates of earnings for the college …

are also large differences across States in the proportion of college graduates in the labor force. State subsidies are … decisions of college graduates. The model is estimated using NLSY data, and used to quantify the sensitivity of migration and …

. However, we do not find that high school graduates have a comparative advantage on production jobs requiring more training …, nor, in the PSID sample, are high school graduates assigned to jobs requiring more training. Finally, we find that the … the sorting model of education provides a better explanation for the higher wages of high school graduates than does the …

graduates. Conditional on attendance, however, there are few differences in type of college, enrollment status or selectivity of …

graduates continued to climb, reaching highs not seen since the early 1990s. In this paper, we take a closer look at the jobs … held by underemployed college graduates in the early stages of their careers during the first few years after the Great … Recession. Contrary to popular perception, we show that relatively few recent graduates were working in low-skilled service jobs …