Study of Uni of Ottawa grads suggests degree of any sort boosts incomes

A great work of art done by Ross Finnie and his EPRI team ! Proud to be a part of that team once 🙂

First-of-its-kind research that tracked the incomes of University of Ottawa graduates over a 13-year period found that those with engineering and computer science degrees earn the most.

But those with undergraduate degrees in social sciences and humanities also earn good incomes on average — as much, surprisingly, as many business graduates.

Using tax record data, researchers with the Education Policy Research Initiative, a national research group based at the University of Ottawa, tracked the annual incomes of 82,000 people who earned undergraduate degrees from the university between 1998 and 2010.

Their major findings are:

This Research Brief presents an analysis of labour market outcomes of university graduates with bachelor’s degrees using a new dataset that links information on

students from the University of Ottawa to tax records held at Statistics Canada.

We study their outcomes across different areas of study from 1998 through 2010. We do this by following their earnings on a year‐by‐year and cohort‐by‐ cohort basis from 1999 through 2011, the last year for which tax data were

available.

  1. The earnings in the first year after graduation for all graduates taken together varied between $41,000 and $47,000 over the entire 1998‐2011 period. Earnings of graduates generally increased substantially in the years following graduation for each of the cohorts examined.

  2. Graduates from different faculties had substantially different starting earnings levels, but increases over time also varied, thus highlighting the value of the longer‐run perspective of earnings provided here in order to understand post‐schooling earnings patterns.

  3. Engineering and Computer Sciences, Mathematics and Natural Sciences, and Business graduates experienced more volatile earnings patterns than Health, Social Sciences and Humanities graduates.

  4. There were significant differences in earnings patterns between men and women.

 

Sources: 

1. http://socialsciences.uottawa.ca/irpe-epri/eng/documents/EPRIBRIEF3OverallGradEarnings.pdf

2. http://ottawacitizen.com/news/local-news/study-of-u-of-o-grads-suggests-degree-of-any-sort-boosts-incomes