Learning and Earning

LEARNING AND EARNING: WORKING IN COLLEGE
Jonathan M. Orszag, Peter R. Orszag, and Diane M. Whit more(prenominal)1
August 2001
The pecuniary burden of college tuition is significant and rising. In light of the increment price of college, many families argon facing significant challenges in financing their childrens education.2 The evidence shows that as one response to the financial burden of college tuition, students are works more succession in college. Over 60 percent of college students report that their parents now brook them to work during the school year to help cover expenses.3 to a greater extent students are functional, and more are working longer hours.
Today, more than half of college students have a bank line. In 1999, on average, working students earned roughly $7.50 per hour. These earnings undoubtedly help to lighten some of families financial struggle to pay for college in the compact run. But the extent of working while in college raises cardinal questions. In particular, what is the overall termination of work? Does it have a beneficial effect in the long run by building discipline and a strong work ethic in students, or does it have a deleterious effect by diverting students efforts from schoolwork? The evidence suggests that the answers depend on how much a student works and what type of job she has.




Characteristics of Student Employment
An increasing number of students work while in college. Since 1984, the fraction of college students aged 16 to 24 who in any case work full- or part-time has increased from 49 to 57 percent.4 The share of full-time college students working has alike increased; in October 2000, a majority of full-time college students was employed. Figure 1 displays the increase in employment rate among college students.
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Not only are students more likely to work today, but the share of students working full-time while going to school full-time also has increased dramatically. The percentage of full-time college students working full-time has nearly...If you command to get a full essay, order it on our website: Orderessay



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