| Abstract: |
We investigate whether universities select by, or also shape, their students'
personality, as implied by the human capital investment model. Using a
nationally representative sample of Australian adolescents followed over eight
years, we find that youth conscientiousness, internal locus of control, and
low extraversion strongly predict the probability of obtaining a university
degree. However, university education does not shape those personality traits
associated with a strong work ethic and intellect. Yet, it offsets a general
decline in extraversion as individuals age and boosts the development of
agreeableness for men from disadvantaged backgrounds. Our findings contribute
to the discussion whether universities should teach their students broader
skills. |