Effects of personal and school characteristics on estimates of the return to education
Abstract: What is the economic return to attending college? The earnings gap between college and high school graduates is large, but college and high school graduates differ in many ways besides education. This article finds that differences in family background and ability explain about one fourth of the gap.
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/economic_perspectives/1998/ep1Q98_e.pdf
Provider: Federal Reserve Bank of Chicago
Part of Series: Economic Perspectives
Publication Date: 1998
Issue: Q I