Thursday, August 30, 2012

For-Profit And Public College Enrollees Have Same Post College Earnings Gains

from "The Labor Market Returns to a For-Profit College Education"
NBER Working Paper No. w18343 by Stephanie Riegg Cellini, George Washington University, School Of Public Policy And Public Administration and Latika Chaudhary, Claremont Colleges, Scripps College:
We find that students who enroll in associate’s degree programs in for-profit colleges experience earnings gains between 6 and 8 percent, although a 95 percent confidence interval suggests a range from -2.7 to 17.6 percent. These gains cannot be shown to be different from those of students in public community colleges. Students who complete associate’s degrees in for-profit institutions earn around 22 percent, or 11 percent per year, and we find some evidence that this figure is higher than the returns experienced by public sector graduates. Our findings suggest that degree completion is an important determinant of for-profit quality and student success. [Emphasis added.]

No comments:

Post a Comment