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ERIC Number: ED413941
Record Type: Non-Journal
Publication Date: 1997-Nov-21
Pages: 45
Abstractor: N/A
What Is It Worth? The Economic Value of Obtaining a Certificate or Associate Degree from California Community Colleges.
Sanchez, Jorge R.; Laanan, Frankie Santos
A study was undertaken to determine the economic value of receiving a vocational certificate or associate degree from the California Community Colleges (CCCs). The study examined state Unemployment Insurance Wage Record (WR) data for a cohort of 841,952 leavers and completers from the CCCs during 1991-92, comparing educational attainment by post-college earnings from the last year in college, first year out of college, and third year out of college for vocational students and all students. In addition, the study sought to determine the relationship between educational attainment and earnings for non-vocational students by age, ethnicity, gender, and economic status. Study findings included the following: (1) WR data were available for 70% of the sample in their last year in college and 66% of those their first year out of college, while over 60% of the former students had WR data 3 years out of college; (2) a positive relationship was found between formal education and earnings; (3) for all students, the greatest gains were among certificate completes at 15% and associate degree completers at 11%; (4) students under 25 who completed a certificate experienced a 25% gain, compared to a gain of only 10% for certificate completers over 25; and (5) although men earned more than women across the three time periods, the gap narrowed for women who had earned an associate degree or certificate. Contains 33 references. Data tables are appended. (BCY)
Publication Type: Information Analyses; Numerical/Quantitative Data; Speeches/Meeting Papers
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A