The returns to higher education in Britain: Evidence from a British cohort

We use British birth cohort panel data to examine the impact that degree le vel qualifications and other higher education qualifications have on the ea rnings of individuals in the medium to longer term. We compare the outcomes of these individuals with those of individuals who had the prospect of und ertaking Higher Education bur chose not to. Our approach involves 'matching ' these individuals according to observed characteristics which we have in the data such as ability, family background and demographics and then compa ring outcomes between individuals who proved to HE and otherwise identical individuals who had the opportunity but did not.