Labor Market Returns to Sub-Baccalaureate Credentials

Author:

Dadgar Mina1,Trimble Madeline Joy2

Affiliation:

1. Career Ladders Project

2. Columbia University

Abstract

This study provides one of the first estimates of the returns to different types of community college credentials—short-term certificates, long-term certificates, and associate degrees—across different fields of study. We exploit a rich data set that includes matched, longitudinal college transcripts and Unemployment Insurance records for students who entered a Washington State community college in 2001–2002. Our findings based on an individual fixed effect model suggest that earning an associate degree or a long-term certificate is associated with increased wages, particularly for women. We find that there is greater variation in returns to wages by the field of study than by degree type.

Publisher

American Educational Research Association (AERA)

Subject

Education

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