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The Economic Returns to Baccalaureate Degrees: New Evidence from the Class of 1972
- The Review of Higher Education
- Johns Hopkins University Press
- Volume 15, Number 2, Winter 1992
- pp. 213-231
- 10.1353/rhe.1992.0022
- Article
- Additional Information
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Abstract
What is a baccalaureate degree worth? This paper, using the National Longitudinal Study of the Class of 1972, compares the financial returns of baccalaureate degrees to the returns from high school diplomas, including results for different fields of study and types of postsecondary institution. The results confirm the financial value of the baccalaureate and well-known differences by fields of study; differences among types of institutions are relatively smaller.
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