Subject Area

Economics

Description

This study identifies the economic determinants of college major choice at Linfield University. Grounded in a utility maximization framework adapted from Arcidiacono et al. (2010), the theoretical model posits that students select majors by maximizing utility through personal preference against the expected value of future earnings and career outcomes. Using Ordinary Least Squares (OLS) regression to analyze institutional census data matched with national labor market indicators, the research finds that major declarations are strongly predicted by high early-career wages and low unemployment rates. Ultimately, measurable economic returns are critical drivers of student academic decisions.

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Determinants of College Major Choice

This study identifies the economic determinants of college major choice at Linfield University. Grounded in a utility maximization framework adapted from Arcidiacono et al. (2010), the theoretical model posits that students select majors by maximizing utility through personal preference against the expected value of future earnings and career outcomes. Using Ordinary Least Squares (OLS) regression to analyze institutional census data matched with national labor market indicators, the research finds that major declarations are strongly predicted by high early-career wages and low unemployment rates. Ultimately, measurable economic returns are critical drivers of student academic decisions.