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The Returns to Education over time and the Effect of COVID-19

Harry Anthony Patrinos,
Angelica Rivera-Olvera

This paper examines the effects of the COVID-19 pandemic on the returns to education in the United States. Using data from the Current Population Survey 2011-2022, the analysis reveals that, after a period of decline, returns to education increased significantly because of COVID, particularly for men and those with university education. The returns to university for men increased by 1 percentage points. The results underscore the importance of continued investment in education to mitigate the adverse effects of future crises.

Keywords
Pandemics; Human Capital; Returns to Education; Labor Markets; COVID-19
Education level
Post-secondary education
Topics
Pathways to and Through Postsecondary
Tags
Covid-19 recovery,
Returns to education and skills
Download 10/2024
Document Object Identifier (DOI)
10.26300/wfd0-h133
EdWorkingPaper suggested citation:
Patrinos, Harry Anthony, and Angelica Rivera-Olvera. (). The Returns to Education over time and the Effect of COVID-19. (EdWorkingPaper: -1061). Retrieved from Annenberg Institute at Brown University: https://doi.org/10.26300/wfd0-h133

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