Higher Education in Russia and Beyond
This issue of Higher Education in Russia and Beyond is devoted to the analysis of the labor market for university
graduates. This topic is central for the analyzing the relevance of higher education to the needs and requirements of the labor market. The relevance of this topic is emphasized by the fact that the higher education systems in many post-Soviet countries have experienced significant massification, which was accompanied by the underfinancing of the education sector. Massified and underfinanced systems of higher education may lead to strong differentiation in the returns to higher education and the employability of graduates, a decrease of the graduate wage premium, and the problems of overeducation and job-education mismatches.