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Title: Labor-Market Returns to Two- and Four-Year College
Resulting in 1 citation.
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Kane, Thomas J. Rouse, Cecilia Elena |
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Labor-Market Returns to Two- and Four-Year College American Economic Review 85,3 (June 1995): 600-614. Also: http://www.jstor.org/stable/2118190 Cohort(s): NLSY79 Publisher: American Economic Association Keyword(s): College Characteristics; College Education; College Graduates; Education; National Longitudinal Study of the High School Class of 1972 (NLS72); Schooling, Post-secondary; Wages Permission to reprint the abstract has not been received from the publisher. Despite their importance as providers of post secondary education, little is known about the labor-market payoffs to a community-college education. An attempt is made to fill this gap by employing 2 different data sets that allow one to distinguish between 2-year and 4-year college attendance: 1. the National Longitudinal Study of the High School Class of 1972 (NLS-72) and the National Longitudinal Survey of Youth (NLSY). Using the NLS- 72, it is found that the average person who attended a 2-year college earned about 10% more than those without any college education, even without completing an associate's degree. Further, contrary to widespread skepticism regarding the value of a community-college education, the estimated returns to a credit at a 2-year or 4-year college are both positive and remarkably similar: roughly 4%-6% for every 30 completed credits (2 semesters). Evidence is also found of the additional value of an associate's degree for women and a bachelor's degree for men. Photocopy available from ABI/INFORM. |
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Bibliography Citation
Kane, Thomas J. and Cecilia Elena Rouse. "Labor-Market Returns to Two- and Four-Year College." American Economic Review 85,3 (June 1995): 600-614.
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