Valuable Experience: How University Internships Affect Graduates' Income

Autor/inn/en	Bolli, Thomas; Caves, Katherine; Oswald-Egg, Maria Esther
Titel	Valuable Experience: How University Internships Affect Graduates' Income
Quelle	In: Research in Higher Education, 62 (2021) 8, S.1198-1247 (50 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Zusatzinformation	ORCID (Caves, Katherine)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0361-0365
DOI	10.1007/s11162-021-09637-9
Schlagwörter	College Graduates; College Students; Internship Programs; Income; Human Capital; Degree Requirements; College Curriculum; Educational Quality; Foreign Countries; Correlation; Switzerland + Suchen Sie Ihr Suchwort? Hochschulabsolvent; Hochschulabsolventin; Collegestudent; Berufspraktische Ausbildung; Einkommen; Humankapital; Quality of education; Bildungsqualität; Ausland; Korrelation; Schweiz
Abstract	This paper analyzes whether and how attending an internship during tertiary education affects income. We address endogeneity with an IV approach that exploits information regarding whether the internship was a mandatory component of the study. We further address selection into programs with mandatory internship by using the share of mandatory internships at the closest university, exploiting the low mobility of Swiss students. The results show that internships increase graduates' incomes. We explore potential mechanisms for the effect of internships on income, finding that general human capital is the main mechanism rather than firm- or field-specific human capital, signaling, or screening. These results indicate that students should continue to invest in internships and that mandatory internships have a place in university curricula because they improve the quality of education. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01