The Labor-Market Returns to Community College Degrees, Diplomas, and Certificates

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Title: The Labor-Market Returns to Community College Degrees, Diplomas, and Certificates
Authors: Jepsen, Christopher
Troske, Kenneth
Coomes, Paul
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Date: Sep-2012
Abstract: This paper provides among the first rigorous estimates of the labor-market returns to community college certificates and diplomas, as well as estimating the returns to the more commonly-studied associate’s degrees. Using administrative data from Kentucky, we estimate panel-data models that control for differences among students in pre-college earnings and educational aspirations. Associate’s degrees and diplomas have quarterly earnings returns of nearly $2,400 for women and $1,500 for men, compared with much smaller returns for certificates. There is substantial heterogeneity in returns across fields of study. Degrees, diplomas, and – for women – certificates correspond with higher levels of employment.
Funding Details: Not applicable
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Series/Report no.: UCD Centre for Economic Research Working Paper Series; WP12/23
Keywords: Returns to educationCommunity colleges
Subject LCSH: Education--Economic aspects
Wages--Effect of education on
Community college graduates--Wages
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Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

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