education. The return to college is estimated at 49.8% using a conventional Mincer-type specification and averages 37.1% using …-ability students select into higher education. Additional tests show that the results are unlikely to be driven by sample selection …

education. The return to college is estimated at 49.8% using a conventional Mincer-type specification and averages 37.1% using … into higher education. Additional tests show that the results are unlikely to be driven by sample selection bias associated …