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SUMMARY:The Global Decline in Occupational Returns to Higher Education
DTSTART;TZID=Europe/London:20260608T124500
DTEND;TZID=Europe/London:20260608T140000
DTSTAMP:20260601T002848Z
UID:cfb7a1e0-923d-f111-88b5-7c1e52046306
CREATED:20260421T150057Z
DESCRIPTION:Concerns about overeducation and credential inflation have bee
 n around since at least the 1970s\, but the theory of credentialism has ne
 ver been formalised or empirically tested. In this study\, I provide a new
  conceptualisation of credentialism and test it using longitudinal labour 
 force data from over 100 countries.\n\nI show that in most countries\, abs
 olute occupational returns of university graduates have declined as access
  to higher education has increased\, but relative returns (vis-a-vis high 
 school graduates) increased. This explains why the demand for higher educa
 tion continues to increase around the world\, despite the diminished labou
 r market prospects of university graduates: the alternative—not going to
  university after completing high school—is even worse\, as university g
 raduates crowd out non-graduates even in lower-skilled jobs. I discuss the
  implications of the findings for social mobility\, labour markets\, and e
 ducation policy.\n\nPlease join either in person or online. For in-person 
 attendees\, the talk will be preceded by a light lunch at 12.15pm.\n\nPlea
 se email comms@sociology.ox.ac.uk with any questions.
LAST-MODIFIED:20260421T150208Z
LOCATION:Department of Sociology – Seminar Room\, 42-43 Park End Street 
 Oxford  OX1 1JD
SPEAKER:Rob Gruijters (University of Bristol)
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