Earnings of university dropouts across Europe

This paper investigates relative earnings of individuals leaving tertiary education without a degree across 18 European countries employing survey data on adult workers. We find that, on average, university dropouts earn 8% more than those never enrolling into tertiary education, but 20% less than university graduates. Moreover, university dropouts appear to have slightly better employment chances than other upper secondary graduates, while they have a significantly lower employment probability than those graduating from tertiary education. However, we document substantial heterogeneity across countries concerning whether university attendance without completion is rewarded in the labour market.

Berlingieri, Francesco and Theresa Bolz (2025), Earnings of university dropouts across Europe, Education Economics , 1-22