TY - RPRT AU - Patrinos, Harry Anthony AU - Rivera-Olvera, Angelica TI - The Returns to Education over Time and the Effect of COVID-19 PY - 2024/Sep/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 17313 UR - https://www.iza.org/index.php/publications/dp17313 AB - 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. KW - pandemics KW - human capital KW - returns to education KW - labor markets KW - COVID-19 ER -