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The Impact of Mass Layoffs on the Educational Investments of Working College Students

dc.contributor.authorOst, Ben
dc.contributor.authorPan, Weixiang
dc.contributor.authorWebber, Doug
dc.date.accessioned2020-11-17T16:57:53Z
dc.date.available2020-11-17T16:57:53Z
dc.date.issued2016-01-01
dc.description.abstractAnalyzing how working students weather personal economic shocks is increasingly important as the fraction of college students working substantial hours has increased dramatically over the past few decades. Using administrative data on Ohio college students linked to matched firm-worker data on earnings, we examine how layoff affects the educational outcomes of working college students. Theoretically, layoff decreases the opportunity cost of college enrollment, but it could also make financing one’s education more difficult, so the net effect is ambiguous. We find that layoff leads to a considerable reduction in the probability of employment while in school, but it has little impact on enrollment decisions at the extensive margin. On the intensive margin, we find that layoff leads to an increase in enrolled credits, consistent with the fact that the opportunity cost of college has decreased.
dc.description.legacydownloadsCHERI_WP175.pdf: 24 downloads, before Oct. 1, 2020.
dc.identifier.other15759732
dc.identifier.urihttps://hdl.handle.net/1813/74647
dc.language.isoen_US
dc.rightsRequired Publisher Statement: Published by the Cornell Higher Education Research Institute, ILR School, Cornell University.
dc.subjecthigher education
dc.subjecteducational investments
dc.subjectworking college students
dc.subjectmass layoffs
dc.titleThe Impact of Mass Layoffs on the Educational Investments of Working College Students
dc.typearticle
local.authorAffiliationOst, Ben: University of Illinois at Chicago
local.authorAffiliationPan, Weixiang: University of Illinois at Chicago
local.authorAffiliationWebber, Doug: Temple University

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