Wyness, G;
Machin, S;
(2017)
Inequality in Higher Education and the Labor Market.
In: Teixeira, P and Shin, JC, (eds.)
Encyclopedia of International Higher Education Systems and Institutions.
Springer: Dordrecht, Germany.
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Abstract
Understanding the link between socioeconomic status and access to higher education (HE) is an important challenge for understanding how governments can better promote social mobility. Inequality in higher education participation, coupled with a positive significant wage return to HE, has clear implications for income inequality and lower future rates of social mobility. For example, the Scandinavian countries have more equal access to higher education which, together with smaller wage differentials due to higher education in the labor market, results in a relatively equal society. On the other hand, in countries such as the United Kingdom and the United States, access to higher education is highly determined by individuals’ background. This, coupled with bigger wage returns to degrees...
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