Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/282695 
Year of Publication: 
2023
Series/Report no.: 
IZA Discussion Papers No. 16568
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This paper estimates labor-market returns for students pursuing certificates or associate's degrees in eight broad fields of study at community colleges and for-profit institutions. The data contain 400,000 students beginning their studies between 2005 and 2012 in one state. We estimate two-step models to address recent econometric concerns with two-way fixed effects models. Our analyses show important differences in return by field, with similar patterns for for-profit schools and community colleges. Apart from those studying in health fields, returns are generally greater for those attending for-profit schools than those attending community colleges. Higher estimated overall returns for for-profit schools are not primarily due to differences in areas of study.
Subjects: 
postsecondary education
labor-market returns
for-profit schools
JEL: 
J24
I26
Document Type: 
Working Paper

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