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Title: Working in College: Risk or Return?
Resulting in 1 citation.
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Myers, Steven C. |
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Working in College: Risk or Return? Ph.D. Dissertation, The Ohio State University, 1980 Cohort(s): Young Men Publisher: UMI - University Microfilms, Bell and Howell Information and Learning Keyword(s): College Education; Employment; Part-Time Work; Transition, School to Work This study examines the educational and labor market experience of male college students and their subsequent position in the labor market. The work experience of college youth gives rise to the exploration of two primary research questions. First, does working while enrolled in college interfere with completing the college year? Second, does market work while in college have benefits for early post-school labor market experience? In addition, the study examines the factors associated with who works while in college. An analysis of the types of jobs that students hold is also included. Much of this study is derived from the theory of optimal human capital accumulation. The theory explains at what point in time a person will end specialization in schooling and begin supplying labor to the market. This labor market participation may begin during or after the ultimate separation date from school. Human capital theory treats the choice between market work and investment in human capital. On the other hand, labor supply theory deals with the choice between work and leisure. The present study represents a marriage of these two theoretical systems, providing an analysis of the choice between work and investment and allowing for changes in leisure time as well. Using data from the NLS of Young Men, 1966-1976, this study has found that working in college has both risk and return. The risks are non-completion, a delay, or a lower quality of education. The returns include the income gained while working, possible higher subsequent earnings, an expanded knowledge of the labor market, the acquisition of employability skills, good references, and the like. Work in the freshman year is least desirable, involving high risk and no return, while work in the senior year is the most desirable, involving minimum risk and maximum returns. |
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Bibliography Citation
Myers, Steven C. Working in College: Risk or Return? Ph.D. Dissertation, The Ohio State University, 1980. |