The quality of higher education and overeducation: Where should higher education funding go?

被引:5
|
作者
Liu, Yunbo [1 ]
Yin, Lu [2 ]
Guo, Jianru [3 ]
机构
[1] Beijing Normal Univ, Fac Educ, Beijing, Peoples R China
[2] Nanjing Univ Finance & Econ, Sch Publ Adm, Nanjing, Jiangsu, Peoples R China
[3] Peking Univ, Grad Sch Educ, Beijing, Peoples R China
基金
北京市自然科学基金;
关键词
Higher education finance; Overeducation; Quality of higher education; Practicality of curriculum; OVER-EDUCATION; LABOR-MARKET; EARNINGS; MISMATCH;
D O I
10.1016/j.frl.2020.101824
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Policymakers and the public are increasingly concerned about overeducation, and how it relates to the investment of resources in higher education. This study uses Chinese data to explore the determinants of overeducation and wage effects of overeducation at different levels of quality in higher education. Empirical results suggest two factors that significantly influence the incidence of overeducation among graduating students: the practicality of curriculum and student rulebased input. Results from wage equation suggest that overeducated individuals with lower quality of higher education incur greater wage penalties. This study can inform the Chinese government's allocation of financial investments in higher education.
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页数:8
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