%0 Report
        %A Jepsen, Christopher
%A Mueser, Peter R.
%A Troske, Kenneth
%A Jeon, Kyung-Seong
        %T Estimates of Earnings Returns by Field of Study for For-Profit Schools and Community Colleges
        %D 2023
        %8 2023 Oct
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 16568
        %U https://www.iza.org/index.php/publications/dp16568
        %X This paper estimates labor-market returns for students pursuing certificates or associate's degrees in eight broad fields of study at community colleges and for-profit institutions. The data contain 400,000 students beginning their studies between 2005 and 2012 in one state. We estimate two-step models to address recent econometric concerns with two-way fixed effects models. Our analyses show important differences in return by field, with similar patterns for for-profit schools and community colleges. Apart from those studying in health fields, returns are generally greater for those attending for-profit schools than those attending community colleges. Higher estimated overall returns for for-profit schools are not primarily due to differences in areas of study.
        %K postsecondary education
%K labor-market returns
%K for-profit schools