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Title: The Nonequivalence of High School Equivalents
Resulting in 1 citation.
1. Cameron, Stephen V.
Heckman, James J.
The Nonequivalence of High School Equivalents
Journal of Labor Economics 11,1 (January 1993): 1-47.
Also: http://www.jstor.org/stable/2535183
Cohort(s): NLSY79
Publisher: University of Chicago Press
Keyword(s): High School Completion/Graduates; High School Diploma; High School Dropouts; High School Students; School Completion; School Dropouts; Schooling, Post-secondary; Test Scores/Test theory/IRT; Training

This article analyzes the causes and consequences of the growing proportion of high-school-certified persons who achieve that status by exam certification rather than through high school graduation. Exam-certified high school equivalents are statistically indistinguishable from high school dropouts. Whatever differences are found among examcertified equivalents, high school dropouts and high school graduates are accounted for by their years of schooling completed. There is no cheap substitute for schooling. The only payoff to exam certification arises from its value in opening postsecondary schooling and training opportunities, but completion rates for exam-certified graduates are much lower in these activities than they are for ordinary graduates.
Bibliography Citation
Cameron, Stephen V. and James J. Heckman. "The Nonequivalence of High School Equivalents." Journal of Labor Economics 11,1 (January 1993): 1-47.