The labor market returns to a for-profit college education
Cellini, Stephanie Riegg
MetadataShow full item record
A lengthy literature estimating the returns to education has largely ignored the for-profit sector. In this paper, we estimate the earnings gains to for-profit college attendance using restricted-access data from the 1997 National Longitudinal Survey of Youth (NLSY97). Using an individual fixed effects estimation strategy that allows us to control for time- invariant unobservable characteristics of students, we find that students who enroll in associate’s degree programs in for-profit colleges experience earnings gains of about 10% relative to high school graduates with no college degree, conditional on employment. Since associate’s degree students attend for an average of 2.6 years, this translates to a 4% return per year of education in a for-profit college, slightly lower than estimates of returns for other sectors found in the literature.
The article of record as published may be located at http://dx.doi.org/10.1016/j.econedurev.2014.10.001
Showing items related by title, author, creator and subject.
A revenue and expense apportionment concept for the analysis of internal returns on investment (the simple case) Hynes, James P. (Monterey, California. Naval Postgraduate School, 1975-04); NPS 55HJ75041This paper presents a technique which uses revenue, expense, and investment data to assign returns on investment to each activity in an interactive economic system. It is a simple case of a more general model. The economic ...
Hill, Susan Jennifer. (1987-12);This thesis analyzes the Interrelationship of measures of ability and education on earnings differentials by using a standard human capital earnings function. The data used are from the 1983 and 1984 panels of the ...
A study on factors affecting Navy officers' decisions to pursue funded graduate education: A qualitative approach Fowler, Kimberly M. (Monterey, California: Naval Postgraduate School, 2017-06);This thesis examines if adjusting the service obligation for officers who pursue advanced-level degrees has the potential to increase returns to investment from Navy-funded graduate education. Using a qualitative approach ...