The Returns to a Large Community College Program: Evidence from Admissions Lotteries

التفاصيل البيبلوغرافية
العنوان: The Returns to a Large Community College Program: Evidence from Admissions Lotteries
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
الوصف
تدمد:1945774X
19457731
DOI:10.1257/pol.20170506