The Returns to a Large Community College Program: Evidence from Admissions Lotteries
العنوان: | The Returns to a Large Community College Program: Evidence from Admissions Lotteries |
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المؤلفون: | Michel Grosz |
المصدر: | American Economic Journal: Economic Policy. 12:226-253 |
بيانات النشر: | American Economic Association, 2020. |
سنة النشر: | 2020 |
مصطلحات موضوعية: | Leverage (finance), Earnings, business.industry, 05 social sciences, Control (management), 050301 education, Economic shortage, Percentage point, Lottery, 0502 economics and business, Health care, Economics, Demographic economics, 050207 economics, Community college, business, 0503 education, General Economics, Econometrics and Finance |
الوصف: | This paper estimates the labor market returns to the associate’s degree in nursing (ADN), which is one of the most popular community college programs. I use student-level academic and earnings records across two decades for all community college students in California. I leverage random variation from admissions lotteries to produce causal estimates of the effect of the ADN on earnings and employment at a single large ADN program. Enrolling in the program increases earnings by 44 percent and the probability of working in the health care industry by 19 percentage points. These estimates are similar to ones in models that do not use the lottery variation but do control for individual fixed effects and individual-specific linear time trends, which I also estimate in a wider set of institutions where lottery estimates are not possible. In light of concerns about nursing shortages, I estimate that the economic benefit of expanding an ADN program by one seat far outweighs the costs. (JEL D44, I11, I23, I26, J24, J31) |
تدمد: | 1945-774X 1945-7731 |
DOI: | 10.1257/pol.20170506 |
URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::1b65f53a00542b1561bd7b39b52b4c28 https://doi.org/10.1257/pol.20170506 |
Rights: | OPEN |
رقم الانضمام: | edsair.doi...........1b65f53a00542b1561bd7b39b52b4c28 |
قاعدة البيانات: | OpenAIRE |
تدمد: | 1945774X 19457731 |
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DOI: | 10.1257/pol.20170506 |