University quality and labour market outcomes

Author: McGuinness Séamus  

Publisher: Routledge Ltd

ISSN: 1466-4283

Source: Applied Economics, Vol.35, Iss.18, 2003-12, pp. : 1943-1955

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Abstract

This paper uses proxies for university quality derived from the Research Assessment Exercise and the Teaching Quality Assurance Agency to assess the impact of university quality on the labour market outcomes of a cohort of UK graduates. The impacts on job quality and earnings were mainly limited to graduates in particular disciplines or those obtaining 'poor' degrees from 'good' universities. The results suggest that, after controlling for pre-entry qualifications, labour market outcomes for most graduates depended more on the subject studied and degree classification awarded than on the university attended.