Estimating the Effects of College Characteristics over the Career Using Administrative Earnings Data
利用社会保障数据,估计就读高选拔性大学对1976年和1989年入学学生长期收入的影响,发现标准回归中效应显著,但调整选择偏差后效应接近零,仅对少数族裔学生仍较大。
We estimate the labor market effect of attending a highly selective college, using the College and Beyond Survey linked to Social Security Administration data. We extend earlier work by estimating effects for students that entered college in 1976 over a longer time horizon (from 1983 through 2007) and for a more recent cohort (1989). For both cohorts, the effects of college characteristics on earnings are sizeable (and similar in magnitude) in standard regression models. In selectionadjusted models, these effects generally fall to close to zero; however, these effects remain large for certain subgroups, such as for black and Hispanic students.