@TechReport{iza:izadps:dp6902, author={Jepsen, Christopher and Troske, Kenneth and Coomes, Paul A.}, title={The Labor-Market Returns to Community College Degrees, Diplomas, and Certificates}, year={2012}, month={Oct}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={6902}, url={https://www.iza.org/publications/dp6902}, abstract={This paper provides among the first rigorous estimates of the labor-market returns to community college certificates and diplomas, as well as estimating the returns to the more commonly-studied associate's degrees. Using administrative data from Kentucky, we estimate panel-data models that control for differences among students in pre-college earnings and educational aspirations. Associate's degrees and diplomas have quarterly earnings returns of nearly $2,400 for women and $1,500 for men, compared with much smaller returns for certificates. There is substantial heterogeneity in returns across fields of study. Degrees, diplomas, and – for women – certificates correspond with higher levels of employment.}, keywords={diploma;community college;returns to school;certificate}, }