Estimates of earnings returns by field of study for-profit schools and community colleges
Christopher Jepsen,
Peter Mueser,
Kenneth Troske and
Kyung-Seong Jeon
Economics of Education Review, 2025, vol. 107, issue C
Abstract:
We estimate labor-market returns for students pursuing certificates or associate’s degrees in eight broad fields of study at for-profit institutions and community colleges. 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.
Keywords: Postsecondary education; Labor-market returns; For-profit schools (search for similar items in EconPapers)
JEL-codes: I26 J24 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoedu:v:107:y:2025:i:c:s027277572500055x
DOI: 10.1016/j.econedurev.2025.102675
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