Estimating the Returns to Higher Education Using Administrative Data: A Case Study of the University of Hawai`i System

What is the value of a degree from the University of Hawai`i (UH)? While college tuition has significantly increased
nationally, tuition within the UH system has become more affordable over the last ten years when adjusted for inflation. Despite this improved affordability, college enrollment rates among Hawai‘i’s public school graduates have declined since the COVID-19 pandemic, with approximately 500 fewer graduates entering higher education each year. This report utilizes administrative data from the census of UH students to offer high-quality estimates of the economic returns to an investment in a college degree from the UH. Below, we outline our key findings.