Ingresos subjetivos y expectativas académicas de la educación terciaria en Colombia

Translated title of the contribution: Subjective earnings and academic expectations of tertiary education in Colombia

Luis Fernando Gamboa, Paul Andrés Rodríguez-Lesmes

Research output: Contribution to journalArticlepeer-review

Abstract

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.

Translated title of the contributionSubjective earnings and academic expectations of tertiary education in Colombia
Original languageSpanish
Pages (from-to)159-177
Number of pages19
JournalEnsayos Sobre Politica Economica
Volume36
Issue number86
DOIs
StatePublished - Jun 1 2018

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Political Science and International Relations

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