PT  - JOURNAL ARTICLE
AU  - Audrey Light
AU  - Wayne Strayer
TI  - Who Receives the College Wage Premium?
AID  - 10.3368/jhr.XXXIX.3.746
DP  - 2004 Jul 01
TA  - Journal of Human Resources
PG  - 746--773
VI  - XXXIX
IP  - 3
4099  - http://jhr.uwpress.org/content/XXXIX/3/746.short
4100  - http://jhr.uwpress.org/content/XXXIX/3/746.full
SO  - J Hum Resour2004 Jul 01; XXXIX
AB  - Using data from the 1979 National Longitudinal Survey of Youth, we estimate wage models in which college-educated workers are classified according to their degree attainment, college type, and college transfer status. The detailed taxonomy produces modest improvements in explanatory power relative to standard specifications, and reveals considerable heterogeneity in the predicted wages of college-educated workers. We find that transfer students receive an “indirect” wage benefit insofar as changing colleges allows them to earn a degree. Some transfer students receive an additional “direct” wage benefit, presumably because switching schools increases their skill investment opportunities.