TY - RPRT AU - Miller, Lois TI - Switching Schools: Effects of College Transfers PY - 2026/Apr/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 18568 UR - https://www.iza.org/publications/dp18568 AB - Using Texas administrative data and a regression discontinuity design, I study how transferring between colleges affects students’ earnings. I leverage applications and admissions data to uncover unpublished GPA cutoffs used for transfer student admissions at each fouryear institution, then use these cutoffs as an instrument for transfer. I do not find positive earnings returns for academically marginal students who transfer from two-year to four-year colleges or from less-resourced four-year colleges to flagship colleges and show suggestive evidence of negative returns. Mechanisms include academic “mismatch” among two-year to four-year transfers, and substitution out of high-paying majors for four-year to flagship transfers. KW - college transfer KW - returns to education KW - community college ER -