The labor-market returns to community college degrees, diplomas and certificates
AbstractThis paper provides among the first rigorous estimates of the labor-market returns to community college certificates and diplomas, as well as estimating the returns to the more commonly-studied associate’s degrees. Using administrative data from Kentucky, we estimate panel-data models that control for differences among students in pre-college earnings and educational aspirations. Associate’s degrees and diplomas have quarterly earnings returns of nearly $2,400 for women and $1,500 for men, compared with much smaller returns for certificates. There is substantial heterogeneity in returns across fields of study. Degrees, diplomas, and – for women – certificates correspond with higher levels of employment.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Geary Institute, University College Dublin in its series Working Papers with number 201221 Classification-JEL.
Length: 50 pages
Date of creation: 27 Sep 2012
Date of revision:
Other versions of this item:
- Jepsen, Christopher & Troske, Kenneth & Coomes, Paul A., 2012. "The Labor-Market Returns to Community College Degrees, Diplomas, and Certificates," IZA Discussion Papers 6902, Institute for the Study of Labor (IZA).
- Christopher Jepsen & Kenneth Troske & Paul Coomes, 2012. "The Labor-Market Returns to Community College Degrees, Diplomas, and Certificates," Working Papers 201223, School Of Economics, University College Dublin.
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-10-13 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jacobson, Louis & LaLonde, Robert J. & Sullivan, Daniel G., 2004.
"Estimating the Returns to Community College Schooling for Displaced Workers,"
IZA Discussion Papers
1017, Institute for the Study of Labor (IZA).
- Jacobson, Louis & LaLonde, Robert & G. Sullivan, Daniel, 2005. "Estimating the returns to community college schooling for displaced workers," Journal of Econometrics, Elsevier, vol. 125(1-2), pages 271-304.
- Louis Jacobson & Robert LaLonde & Daniel G. Sullivan, 2002. "Estimating the returns to community college schooling for displaced workers," Working Paper Series WP-02-31, Federal Reserve Bank of Chicago.
- Jeffrey M. Wooldridge, 2001.
"Econometric Analysis of Cross Section and Panel Data,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 0262232197, June.
- Jeffrey M Wooldridge, 2010. "Econometric Analysis of Cross Section and Panel Data," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262232588, June.
- Kevin M. Stange, 2012. "An Empirical Investigation of the Option Value of College Enrollment," American Economic Journal: Applied Economics, American Economic Association, vol. 4(1), pages 49-84, January.
- Duane E. Leigh & Andrew M. Gill, 1997. "Labor Market Returns to Community Colleges: Evidence for Returning Adults," Journal of Human Resources, University of Wisconsin Press, vol. 32(2), pages 334-353.
- Norton Grubb, W., 1997. "The returns to education in the sub-baccalaureate labor market, 1984-1990," Economics of Education Review, Elsevier, vol. 16(3), pages 231-245, June.
- Grubb, W. Norton, 2002. "Learning and earning in the middle, part II: state and local studies of pre-baccalaureate education," Economics of Education Review, Elsevier, vol. 21(5), pages 401-414, October.
- Grubb, W. Norton, 2002. "Learning and earning in the middle, part I: national studies of pre-baccalaureate education," Economics of Education Review, Elsevier, vol. 21(4), pages 299-321, August.
- Holzer, Harry J. & Dunlop, Erin, 2013. "Just the Facts, Ma'am: Postsecondary Education and Labor Market Outcomes in the U.S," IZA Discussion Papers 7319, Institute for the Study of Labor (IZA).
- Blomquist, Glenn C. & Coomes, Paul A. & Jepsen, Christopher & Koford, Brandon C. & Troske, Kenneth, 2009. "Estimating the Social Value of Higher Education: Willingness to Pay for Community and Technical Colleges," IZA Discussion Papers 4086, Institute for the Study of Labor (IZA).
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Geary Tech).
If references are entirely missing, you can add them using this form.