Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/145270
Authors: 
Belfield, Chris
Boneva, Teodora
Rauh, Christopher
Shaw, Jonathan
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers 10136
Abstract: 
We study students' motives for educational attainment in a unique survey of 885 secondary school students in the UK. As expected, students who perceive the monetary returns to education to be higher are more likely to intend to continue in full-time education. However, the main driver is the perceived consumption value, which alone explains around half of the variation of the intention to pursue higher education. Moreover, the perceived consumption value can account for a substantial part of both the socio-economic gap and the gender gap in intentions to continue in full-time education.
Subjects: 
education
perceived returns
consumption value of education
beliefs
higher education
UK
gender gap
income gradient
JEL: 
I24
I26
J13
J24
J62
Document Type: 
Working Paper

Files in This Item:
File
Size
592.64 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.