Exploring the Importance of Low Wage, High Social Value Careers / Sandy Baum and Lorelle Espinosa.
Many college graduates who earn less than their peers are employed in occupations that bring significant benefits to society, as well as high levels of personal satisfaction. It is not easy--nor is there agreement on how--to precisely define the social value of these occupations or to measure the ma...
Saved in:
| Online Access: |
Full Text (via ERIC) |
|---|---|
| Main Authors: | , |
| Corporate Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
[Place of publication not identified] :
Distributed by ERIC Clearinghouse,
2021.
|
| Subjects: |
| Summary: | Many college graduates who earn less than their peers are employed in occupations that bring significant benefits to society, as well as high levels of personal satisfaction. It is not easy--nor is there agreement on how--to precisely define the social value of these occupations or to measure the magnitude and distribution of their benefits--but understanding this issue is critical to considering the payoff to higher education. This paper explores these low wage, high social value occupations in the context of defining and measuring postsecondary value. It begins by outlining variations in wages for occupations that require similar levels of education and then discusses the relationship between college major, gender, race/ethnicity, socioeconomic status, and occupation choice, as well as the importance of examining the total compensation associated with these occupations. The paper concludes with recommendations for how to measure the value of these low-wage, high social value careers as well as how to incorporate the value of these careers into the Postsecondary Value Framework. |
|---|---|
| Item Description: | Availability: Postsecondary Value Commission. Available from: Bill & Melinda Gates Foundation. e-mail: ValueCommission@IHEP.org; Website: https://www.postsecondaryvalue.org/. Abstractor: ERIC. Educational level discussed: Higher Education. Educational level discussed: Postsecondary Education. |
| Physical Description: | 1 online resource (15 pages) |