For many young Americans, access to credit has become critical to completing a college education and embarking on a successful career path. Young people increasingly face the trade-off of taking on debt to complete college or foregoing college and taking their chances in the labor market without a college degree. These trade-offs are gendered by differences in college preparation and support and by the different labor market opportunities women and men face that affect the value of a college degree and (...) future difficulties they may face in repaying college debt. We examine these new realities by studying gender differences in the role of debt in the pivotal event of graduating from college using the 1997 cohort of the National Longitudinal Survey of Youth. In this article, we find that women and men both experience slowing and even diminishing probabilities of graduating when carrying high levels of debt, but that men drop out at lower levels of debt than do women. We conclude by theorizing that high levels of debt are one of the mechanisms that sort women and men into different positions in the social stratification system. (shrink)

Work is fundamental to human society and modern organizations, and consequently has been central to the thinking of major social theorists and social science disciplines. This book offers a 'one-stop-shop' guide to classical and contemporary perspectvies of work written by leading international experts. Schools covered include: Weberian, Marxian, Durkheimian, feminist, neo-classical economics, institutional economics, ethics, Foucauldian, postmodernist, organizational sociology and economic sociology. Each chapter traces the origins of the theoretical school, reviews seminal contributions,and considers major criticisms of the approach. In (...) addition, the book features a section on key aspects of work - professions, technology, identity and globalisation - to which these theories have been applied. The book makes a major contribution in a number of ways: · Provides systematic coverage of major social and economic theories and the way they aid our understanding of work;· Includes a section of chapters that consider, in an applied way, how social theories have helped the analysis of key substantive areas of work;· Includes contributions from leading academics from both Europe and the USA; · Each chapter can be read as free-standing summary of a particular school of theoretical approach;· In addition, the introductory and concluding chapters examine themes cross-cutting the other chapters in the book.It is an essential text for academics and advanced students concerned with the sociology of work, management, and organization studies. (shrink)