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Does it pay to attend a prestigious university?

  • Arnaud Chevalier

    (University College Dublin)

  • Gavan Conlon

    (University College Dublin)

This paper provides evidence of heterogeneity in the returns to higher education in the UK. Attending the most prestigious universities leads to a wage premium of up to 6% for males. The rise in participation in higher education also led to a greater sorting of students and an increase in the returns to quality. These results somehow justify the recent introduction of top-up fees. Additionally, identification strategy matters and OLS estimates may be severely biased. However, our estimates, based on propensity score matching, are imprecise due to the thinness of the common support.

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File URL: http://www.ucd.ie/economics/research/papers/2003/WP03.20.pdf
File Function: First version, 2003
Download Restriction: no

Paper provided by School of Economics, University College Dublin in its series Working Papers with number 200320.

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Length: 33 pages
Date of creation: 16 Aug 2003
Date of revision:
Handle: RePEc:ucn:wpaper:200320
Contact details of provider: Postal: UCD, Belfield, Dublin 4
Phone: +353-1-7067777
Fax: +353-1-283 0068
Web page: http://www.ucd.ie/economics

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  1. Kermit Daniel & Dan Black & Jeffery Smith, 1996. "College Quality and the Wages of Young Men," HEW 9604001, EconWPA.
  2. John Ermisch & Marco Francesconi, 2000. "Educational Choice, Families, and Young People's Earnings," Journal of Human Resources, University of Wisconsin Press, vol. 35(1), pages 143-176.
  3. Belfield, C. R. & Fielding, A., 2001. "Measuring the relationship between resources and outcomes in higher education in the UK," Economics of Education Review, Elsevier, vol. 20(6), pages 589-602, December.
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