Selection of undergraduate major: The influence of expected costs and expected benefits
Abstract
A questionnaire was developed and sent to a random sample of juniors and seniors at a major mid-western university. Three hypotheses were tested. The first hypothesis was that the need to take a loan will be associated with the student's choice of major, other things being equal. The second hypothesis was that the student's choice of major will be associated with future earnings, other things being equal. The student's decision to change major will be associated with expected future earnings, other things being equal, was the third. The data were analyzed using log-linear techniques. It was found that the need to take a loan did not have an effect on students' choice of major. It was also found that the student's choice of major was associated with expected future earnings. The decision to change major was associated with the expected future income.
Degree
Ph.D.
Advisors
Widdows, Purdue University.
Subject Area
Economics|School finance
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