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The effects of two-year college on the labor market and schooling experiences of young men

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  • Brian J. Surette

Abstract

This paper uses the NLSY to examine (1) the returns to two-year college, (2) whether attendance at a two-year college helps students to transfer to four-year college, and (3) whether reducing tuition would alter attendance enough to affect labor outcomes. I find that the returns to a year of two-year college are large (7 to 10 percent). Completing an associate's degree raises wages further. One year of two-year credits has the same effect on subsequent four-year attendance as one year of four-year credits. Finally, simulations show that reducing tuition could raise income modestly by increasing college attendance.

Suggested Citation

  • Brian J. Surette, 1997. "The effects of two-year college on the labor market and schooling experiences of young men," Finance and Economics Discussion Series 1997-44, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgfe:1997-44
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    File URL: http://www.federalreserve.gov/pubs/feds/1997/199744/199744pap.pdf
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    Citations

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    Cited by:

    1. Gaulke, Amanda & Cassidy, Hugh & Namingit, Sheryll, 2019. "The effect of post-baccalaureate business certificates on job search: Results from a correspondence study," Labour Economics, Elsevier, vol. 61(C).
    2. Andrew T. Young & Daniel Levy & Matthew J. Higgins, 2004. "Many Types of Human Capital and Many Roles in U.S. Growth: Evidence from County-Level Educational Attainment Data," Working Papers 2004-05, Bar-Ilan University, Department of Economics.
    3. Matthew Higgins & Daniel Levy & Andrew T. Young, 2003. "Growth and Convergence across the US: Evidence from County-Level Data," Working Papers 2003-03, Bar-Ilan University, Department of Economics.
    4. Andrew T. Young & Matthew J. Higgins & Daniel Levy, 2004. "Heterogeneity in Convergence Rates and Income Determination across U.S. States: Evidence from County-Level Data," Working Papers 2004-1, Bar-Ilan University, Department of Economics.
    5. Alexander J. Cowell, 2006. "The relationship between education and health behavior: some empirical evidence," Health Economics, John Wiley & Sons, Ltd., vol. 15(2), pages 125-146, February.

    More about this item

    Keywords

    Education; Labor supply;

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