Field of Study in College and Lifetime Earnings in the United States
Open accessAbstract
Our understanding about the relationship between education and lifetime earnings often neglects differences by field of study. Utilizing data that match respondents in the Survey of Income and Program Participation to their longitudinal earnings records based on administrative tax information, we investigate the trajectories of annual earnings following the same individuals over 20 years and then estimate the long-term effects of field of study on earnings for U.S. men and women. Our results provide new evidence revealing large lifetime earnings gaps across fields of study. We show important differences in individuals’ earnings trajectories across different stages of the work life by field of study. In addition, the gaps in 40-year (i.e., ages 20 to 59) median lifetime earnings among college graduates by field of study are larger, in many instances, than the median gap between high school graduates and college graduates overall. We also find significant variation among graduate degree holders. Our results uncover important similarities and differences between men and women with regard to the long-term earnings differentials associated with field of study. In general, these findings underscore field of study as a critical dimension of horizontal stratification in educational attainment.
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Different fields of study are associated with considerably different payoffs, even after accounting for sorting and variance in the quality of institutions or peer groups.
“These differences are in turn an important source of economic inequality and immobility: different fields of study are associated with considerably different payoffs (Kim, Tamborini, and Sakamoto 2015), even after accounting for sorting and variance in the quality of institutions or peer groups (Dale andKrueger 2014, Kirkeboen, Leuven, andMogstad 2016).”
From Educational Inequality* (2022) · cites this paper as Kim, Tamborini, and Sakamoto 2015
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Blanden, J., Doepke, M., & Stuhler, J. (2022) · National Bureau of Economic Research · doi:10.3386/w29979 · Cited by 47 · see citing works
“Ramey and Ramey (2010) document, for example, that more educated parents in the United States have increased the time spent on childcare much more than less educated parents, and monetary investments are likewise diverging between families at different places along the income scale (Corak, 2013; Kornrich and Furstenbe…”
BackgroundInfluential
- Authors
- Kim, C., Tamborini, C. R., & Sakamoto, A.
- Affiliations
- University of Kansas (US)
- United States Social Security Administration (US)
- Texas A&M University (US)
- Corresponding author
- Kim, ChangHwan
- Venue
- Sociology of Education
- Publisher
- SAGE Publications
- Published
- 2015-09-04
- Volume
- 88
- Issue
- 4
- Pages
- 320-339
- ISSN
- 0038-0407 (ISSN-L)
- 1939-8573
- PMC
- PMC5198720
- OpenAlex
- W2340753667
- Cited by
- 162
- References
- 3
- Citations by year
- 2026: 17 · 2025: 16 · 2024: 12 · 2023: 23 · 2022: 19 · 2021: 20 · 2020: 16 · 2019: 14 · 2018: 13 · 2017: 11 · 2016: 1
- FWCI
- 20.13
- Type
- journal article
- Language
- en
- Open access
- green
- www.ncbi.nlm.nih.gov
- Locations
- Sociology of Education (publishedVersion)
- PubMed (publishedVersion)
- PubMed Central (acceptedVersion)
- KU ScholarWorks (The University of Kansas) (submittedVersion)
- Funders
- Eunice Kennedy Shriver National Institute of Child Health and Human Development (R03HD073464)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Labor market dynamics and wage inequality
- Social Sciences › Sociology and Political Science › Intergenerational and Educational Inequality Studies
- Social Sciences › Education › Higher Education and Employability
- Keywords
- field of study, lifetime earnings, earnings trajectories, university graduates, gender pay gap, educational stratification, high school graduates, returns to education
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