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HBCU Enrollment and Longer-Term Outcomes

Author

Listed:
  • Ashley Edwards
  • Justin Ortagus
  • Jonathan Smith
  • Andria Smythe

Abstract

Using data from nearly 1.2 million Black SAT takers, we find that students initially enrolling in a historically Black college and university (HBCU) are 14.6 percentage points more likely to earn a bachelor's degree and, around age 30, have 5 percent higher household income and $12,000 more in student loan balances than those who do not enroll in an HBCU. We find that results are largely driven by an increased likelihood of completing a degree from relatively broad-access HBCUs in lieu of a two-year college or no college.

Suggested Citation

  • Ashley Edwards & Justin Ortagus & Jonathan Smith & Andria Smythe, 2025. "HBCU Enrollment and Longer-Term Outcomes," American Economic Journal: Economic Policy, American Economic Association, vol. 17(3), pages 197-235, August.
  • Handle: RePEc:aea:aejpol:v:17:y:2025:i:3:p:197-235
    DOI: 10.1257/pol.20230289
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    More about this item

    JEL classification:

    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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