PT - JOURNAL ARTICLE AU - Agopsowicz, Andrew AU - Robinson, Chris AU - Stinebrickner, Ralph AU - Stinebrickner, Todd TI - Careers and Mismatch for College Graduates AID - 10.3368/jhr.55.4.0517-8782R1 DP - 2020 Oct 02 TA - Journal of Human Resources PG - 1194--1221 VI - 55 IP - 4 4099 - http://jhr.uwpress.org/content/55/4/1194.short 4100 - http://jhr.uwpress.org/content/55/4/1194.full SO - J Hum Resour2020 Oct 02; 55 AB - A large literature studies the wage consequences of “overeducation” in the sense of a worker, by some measure, having a higher level of education than is required for the job. We use unique new data to reexamine the common interpretation that initial overeducation represents a harmful type of mismatch that arises due to information-induced frictions. We contrast this with the alternative that college graduates are heterogeneous with respect to their human capital and that the labor market is appropriately allocating them to jobs, even when many are observed starting in jobs that do not require a college degree.