Changes in financial aid policies raise questions about students being asked to pay too much for college and whether parents' college savings for their children helps reduce the burden on students to pay for college. Using trivariate probit analysis with predicted probabilities, in this exploratory study we find recent changes in the financial aid…

This study investigates the relationship between family background and both college completion and earnings for a cohort of young adults. The study is based on sample of 8901 respondents from the National Education Longitudinal Study who were first surveyed as eighth graders in 1988 and last surveyed 12 years later and who were working and not…

Although a large literature explores the achievement gap between minority and non-minority students, very little is known about whether disparities in access to technology are partly responsible. Data from the first-ever field experiment involving the random provision of free computers to low-income community college students for home use are used…

This paper estimates changes in the effects of educational attainment and college quality on three cohorts of students observed during the 1970s, 1980s, and 1990s. Consistent with most of the prior literature, I find that educational attainment and college quality raise earnings, and the magnitudes of these effects have increased over time. The…

Reviews some of the literature on the effects of years of schooling on overall earnings, earnings of Blacks and women, and nonpecuniary benefits (such as job security), and discusses literature on the screening effect of schooling on earnings. Concludes that schooling is a powerful predictor of individuals' economic well-being. (Author/RW)

Using data from Illinois, I examine relationships between the number of private schools and characteristics of the public schools and surrounding population. I find positive, statistically significant relationships between number of private schools in 1998 and public school 3rd grade class size, the percent college educated, and the percent over…

Black and Hispanic high school students enroll in Advanced Placement (AP) courses at approximately half the rate of white students. This paper develops a microeconomic model of the AP participation decision and finds that low income is the single most important factor behind the minority AP participation gap. In addition, minority students enroll…