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This article reviews the recent literature on the determinants of college major choices. We first highlight long-term trends and persistent differences in college major choices by gender, race, and family background. We then review the existing research in six key areas: expected earnings and...
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The choice of a college major plays a critical role in determining the future earnings of college graduates. Students … survey students about what their expected earnings would be both in the major they have chosen and in counterfactual majors …. We also elicit students' subjective assessments of their abilities in chosen and counterfactual majors. We estimate a …
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We analyze students' knowledge and risk perception of four technologies. The aim is to find out whether there is a …, advanced students perceive lower risks than beginners, and students in a technical study area perceive lower risks than … students in a non-technical area. Factor analyses show that common dimensions of risk are the technological areas and not the …
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