Men are more likely to drop out of college after enrolling, buying their books, and laboring to attend classes. But why?
A new study reported
by the Wall Street Journal
shows that male students stand to lose less financially by ditching college due to the higher wages they'd make, relative to women, in occupations not requiring a degree. Women, on the other hand, face a penalty in the form of lower compensation for opting to not finish their schooling.
"Young men who see high school friends with relatively well-paying jobs [in construction e.g.] may resist taking on debt to gain a degree with uncertain returns," write the study's authors, sociologists Rachel Dwyer, Randy Hodson and Laura McCloud. "At the same time, young women who see friends in low-paying female-dominated jobs, such as retail cashier, may be spurred to stay in school, even with debt."
But while the short-term gains for men are real, the long-term gains are not. "The wage gap between men with and without bachelor's degrees starts small but grows over time," writes the WSJ
, "as better-educated men enjoy more opportunities for career advancement."
Via the Wall Street Journal