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
Document Object Identifier (DOI)
10.26300/wfd0-h133
