Perceived Value of College as an Investment in Human and Social Capital: Views of Generations X and Y

Carrie L. Johnson; Michael Gutter; Yilan Xu; Soo Hyun Cho; Sharon DeVaney

doi:10.1111/fcsr.12195

Perceived Value of College as an Investment in Human and Social Capital: Views of Generations X and Y

Carrie L. Johnson, Michael Gutter, Yilan Xu, Soo Hyun Cho, Sharon DeVaney

Research output: Contribution to journal › Article › peer-review

Abstract

This article examines the perception of college based on the investment in human or social capital. An online survey was used to collect data. After deleting the responses from older cohorts (Baby Boomers and the Silent Generation) and incomplete responses, the sample consisted of 1,000 adult participants who had student loans. Similarities and differences between generations X and Y student loan borrowers were investigated. Generation Y ranked social capital reasons for a college education higher than human capital reasons. In contrast, Generation X ranked human capital reasons for a college education higher than social capital reasons. Generation and perceived value of college were significantly associated with the satisfaction related to student loans.

Original language	English (US)
Pages (from-to)	193-207
Number of pages	15
Journal	Family and Consumer Sciences Research Journal
Volume	45
Issue number	2
DOIs	https://doi.org/10.1111/fcsr.12195
State	Published - Dec 1 2016

Keywords

generation X
generation Y
human capital
millennial
social capital

ASJC Scopus subject areas

Cultural Studies
Sociology and Political Science

Online availability

10.1111/fcsr.12195

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Perceived Value of College as an Investment in Human and Social Capital: Views of Generations X and Y

Abstract

Keywords

ASJC Scopus subject areas

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