Baccalaureate Education and the Employment Decision: Self-Employment and the Class of 1993

37 Pages Posted: 31 Oct 2008

See all articles by Chad M. Moutray

Chad M. Moutray

National Association of Manufacturers

Date Written: October 29, 2008

Abstract

This paper delves into the relation of collegiate education to the employment decision. We are able to identify specific characteristics of the individuals who are self-employed versus those who opt to work for a for-profit business, a not-for-profit entity, or the government (including the military). Specifically, this research utilizes the U.S. Department of Education's Baccalaureate & Beyond (B&B) data series, which tracks college and university graduates in the class of 1993. Unlike others who pursue wage-and-salary occupations in the not-for-profit or government sectors, students in the class of 1993 who were self-employed in 2003 were less likely to have earned or be currently enrolled in graduate education. Graduates with social science and "other" majors were more likely to be self-employed. In addition, those individuals who chose self-employment had shorter job tenures than others, such as those who now work for government or the military.

Keywords: self-employment, college education, baccalaureate and beyond

JEL Classification: I2, J23, J24, M13

Suggested Citation

Moutray, Chad M., Baccalaureate Education and the Employment Decision: Self-Employment and the Class of 1993 (October 29, 2008). Available at SSRN: https://ssrn.com/abstract=1292087 or http://dx.doi.org/10.2139/ssrn.1292087

Chad M. Moutray (Contact Author)

National Association of Manufacturers ( email )

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