%0 Report %A Jepsen, Christopher %A Troske, Kenneth %A Coomes, Paul A. %T The Labor-Market Returns to Community College Degrees, Diplomas, and Certificates %D 2012 %8 2012 Oct %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 6902 %U https://www.iza.org/publications/dp6902 %X 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. %K diploma %K community college %K returns to school %K certificate