Effects of personal and school characteristics on estimates of the return to education

Joseph Altonji

Economic Perspectives, 1998, vol. 22, issue Q I, 65-79

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.

Keywords: Education; Employees, Training of (search for similar items in EconPapers)
Date: 1998
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