The impact of college timing on earnings |
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Authors: | James Monks |
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Institution: | Department of Economics, Mount Holyoke College, South Hadley, MA 01075, U.S.A. |
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Abstract: | Adult students, those 25-yrs-old and over, currently constitute 43% of all college students. This paper investigates the importance of the timing of schooling in determining earnings. It is revealed that those who complete college at a later age receive a significantly smaller initial increase in earnings than those who acquire their education earlier in life. This result is important for both personal human capital investment decisions and policy makers. |
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Keywords: | JEL classification: 121 J30 |
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