Thursday, October 02, 2014

How Valuable Is a For-Profit College Degree?

Less valuable than a degree from a public institution, according to a recent field experiment. By submitting fictitious resumes to real job postings on an online job board, researchers compared employer response to college degrees from different types of schools.

Employers do notice and care about where you got your degree, the researchers discovered. A resume listing a bachelor's degree in business from a for-profit school was 22 percent less likely to get a callback than a resume listing the same degree from a nonselective public school.

Source: National Bureau of Economic Research, Working Paper 20528, The Value of Postsecondary Credentials in the Labor Market: An Experimental Study ($5)

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