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Labor Market Returns to Sub-Baccalaureate Credentials: How Much Does a Community College Degree or Certificate Pay?
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Labor Market Returns to Sub-Baccalaureate Credentials: How Much Does a Community College Degree or Certificate Pay?
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Overview
Published online first in:
Educational Evaluation and Policy Analysis
November 6, 2014
Mina Dadgar, Career Ladders Project
Madeline Joy Trimble, 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.
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Read the news release
"Increasingly Popular Short-Term Community College Certificate Programs Offer Limited Labor-Market Returns, Study Finds"
News Coverage
Community College Programs Can Lead To Big Payoffs — In The Right Fields
NPR, December 11, 2014
Review of community colleges finds mixed results
Consumer Affairs, November 10, 2014
Short-Term Certificates Might Not Be the Best Bet
Diverse
, November 9, 2014
Quiz: Fast track to certification
American Public Media, November 7, 2014
Study: Quickie Degrees Basically Useless
The Daily Caller, November 7, 2014
Popular, short-term training programs may not pay off for students
PBS "NewsHour," November 6, 2014
Study: Not all college work boosts future earnings
Associated Press, November 6, 2014
One Type of College Education That Almost Never Pays Off
Money
, November 6, 2014
Community College Returns High for Most Programs
U.S. News & World Report
, November 6, 2014
Financial benefits of popular short-term certificates questioned
The Hechinger Report
, November 6, 2014
Payoff Found to be Slim for Short-Term Certificates From Community Colleges
Education Week
, November 6, 2014
Short-Term Certificates Boom, but Study Finds They Don’t Help Students Get Jobs
The Chronicle of Higher Education
, November 6, 2014
Morning Education: Short-Term Certificates Short on Gains
Politico
, November 6, 2014
Study: Not all college certificates are created equal
Education Dive, November 6, 2014
Author Interview
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"Labor Market Returns to Sub-Baccalaureate Credentials: How Much Does a Community College Degree or Certificate Pay?"
(PDF)
Education Evaluation and Policy Analysis
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