Subjective earnings and academic expectations of tertiary education in Colombia
Fecha
2018Autor
Gamboa, Luis Fernando
Rodríguez-Lesmes, Paul Andrés
Documentos PDF
Resumen
We analysed the academic expectations and earning expectations of a nationally
representative sample of Colombian students who were finishing their upper-secondary
education (high school) and considering three potential scenarios: whether to finish their
studies, enrol in a vocational career, or pursue a college degree. We found that these
students’ earning expectations are correlated with local labour market wages. However,
they expect earnings as university graduates that are significantly above the current
observed earnings, which is not the case for the other two levels of education. We also
found that earning and academic expectations (test scores and odds of attending college)
are closely related to their family socioeconomic background, school and municipality
characteristics, and even reflect aspects such as gender gaps or private school premiums.
Finally, both academic and earnings expectations are related to actual realised test scores.
Resumen en idioma extranjero
We analysed the academic expectations and earning expectations of a nationally
representative sample of Colombian students who were finishing their upper-secondary
education (high school) and considering three potential scenarios: whether to finish their
studies, enrol in a vocational career, or pursue a college degree. We found that these
students’ earning expectations are correlated with local labour market wages. However,
they expect earnings as university graduates that are significantly above the current
observed earnings, which is not the case for the other two levels of education. We also
found that earning and academic expectations (test scores and odds of attending college)
are closely related to their family socioeconomic background, school and municipality
characteristics, and even reflect aspects such as gender gaps or private school premiums.
Finally, both academic and earnings expectations are related to actual realised test scores.
Palabras clave
Subjective expectations; Colombian education; EducationEnlace al recurso
http://dx.doi.org/10.32468/espe.8601Colecciones
- Año 2018 [155]
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