%0 Report %A Chevalier, Arnaud %A Conlon, Gavan %T Does It Pay to Attend a Prestigious University? %D 2003 %8 2003 Aug %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 848 %U https://www.iza.org/publications/dp848 %X 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. %K higher education quality %K tuition fees