@TechReport{iza:izadps:dp17313, author={Patrinos, Harry Anthony and Rivera-Olvera, Angelica}, title={The Returns to Education over Time and the Effect of COVID-19}, year={2024}, month={Sep}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={17313}, url={https://www.iza.org/index.php/publications/dp17313}, abstract={This paper examines the effects of the COVID-19 pandemic on the returns to education in the United States. Using data from the Current Population Survey 2011-2022, the analysis reveals that, after a period of decline, returns to education increased significantly because of COVID, particularly for men and those with university education. The returns to university for men increased by 1 percentage points. The results underscore the importance of continued investment in education to mitigate the adverse effects of future crises.}, keywords={pandemics;human capital;returns to education;labor markets;COVID-19}, }