@TechReport{iza:izadps:dp848, author={Chevalier, Arnaud and Conlon, Gavan}, title={Does It Pay to Attend a Prestigious University?}, year={2003}, month={Aug}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={848}, url={https://www.iza.org/publications/dp848}, abstract={This paper provides evidence of heterogeneity in the returns to higher education in the UK. Attending the most prestigious universities leads to a wage premium of up to 6% for males. The rise in participation in higher education also led to a greater sorting of students and an increase in the returns to quality. These results somehow justify the recent introduction of top-up fees. Additionally, identification strategy matters and OLS estimates may be severely biased. However, our estimates, based on propensity score matching, are imprecise due to the thinness of the common support.}, keywords={higher education quality;tuition fees}, }