School aspirations, cognitive skills and wage expectations of French Undergraduates

en ligne : http://cemapre.iseg.utl.pt/educonf/2e3/files/submissions_to_web/Bonnard%20Claire_%20Giret%20Jean-Francois_Lambert-Le%20Mener%20Marielle.pdfThis paper aims to study the earnings expectations of first-year students at a French university and to compare them with the observed earnings of young people in the labour market for that same year. Our findings highlight the importance of the environment in which students make their choices about education. Expected earnings are proportionally higher when their parents seem to be involved in the careers guidance, even controlling for the effect of parental socio-economic status. The positive opinion of parents about the orientation or the connection between the discipline and the father's occupation are generally associated with higher earnings. In addition, our results show a strong impact of cognitive variables which are far more significant than variables relating to past educational performances