-economic status (SES), children's test scores, and future wages and employment. We find that children of lower SES have both lower age … 16 test scores and higher returns to these test scores in terms of age 33 wages and employment probabilities than high …

) interstate differences in wages are not consistent with a simple school quality–wage relation; we cannot assume a simple national … school quality evaluation appears insufficient to resolve the ambiguous link between school quality and wages. In addition … finally, (7) it is unclear whether the positive correlations between wages and either school expenditures or teachers' wages …