University Quality and Graduate Wages in the UK

By Iftikhar Hussain, S. Mcnally, Shqiponja Telhaj. Social Science Research Network, 2009

123 citations recorded by the source corpus.

We examine the links between various measures of university quality and graduate earnings in the United Kingdom. We explore the implications of using different measures of quality and combining them into an aggregate measure. Our findings suggest a positive return to university quality with an average earnings differential of about 6 percent for a one standard deviation rise in university quality. However, the relationship between university quality and wages is highly non-linear, with a much higher return at the top of the distribution. There is some indication that returns may be increasing over time.

Subfields: Economics and Econometrics, Education

View Paper: https://www.semanticscholar.org/paper/0a1d219e7076fff59322abb6fe131785be1b8be5

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Citations in the corpus

Widening participation in higher education: analysis using linked administrative data (2008, background): “In the UK the wage benefit from a degree varies markedly according to both the degree subject studied and the type of institution attended (Chevalier and Conlon, 2003; Iftikhar et al., 2008).”
Limitations of human capital theory* (2019, background): “Again at the top end on incomes, Iftikhar Hussain and colleagues find the apparent income effects of selective institutions inflate, and returns associated with degrees are increasing (Hussain, McNally, and Telhaj 2009, 12).”
Differences by Degree: Evidence of the Net Financial Rates of Return to Undergraduate Study for England and Wales (2011, unknown): “But the UK studies (Chevalier (2009) and Hussain et al (2009)) are again limited to postal surveys of graduates early in their careers.”