What Do We Know About the Economic Benefits of the GED? A Synthesis of the Evidence from Recent Research
نویسنده
چکیده
What Do We Know About the Economic Benefits of the GED? A Synthesis of the Evidence from Recent Research This paper synthesizes new research on the economic impact of the General Educational Development (GED) credential. Four new lessons emerge from research that has been conducted since a comprehensive review of GED-related research that was published in 1998. First, any economic benefits associated with a GED seem to accrue only to low skilled dropouts, with no benefits for higher skilled dropouts. Second, economic benefits associated with a GED appear over time rather than immediately upon receipt of the credential. Third, GED benefits associated with post-secondary education and training are small due to the small amounts of each that GED holders obtain. Fourth, many GEDs are obtained in prison and there appears to be no economic payoff to obtaining a “prison GED.” J.E.L Classifications: I21 (Analysis of Education) and J24 (Human Capital Formation)
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