PT  - JOURNAL ARTICLE
AU  - Eleanor Wiske Dillon
AU  - Jeffrey Andrew Smith
TI  - The Consequences of Academic Match between Students and Colleges
AID  - 10.3368/jhr.55.3.0818-9702R1
DP  - 2020 Jul 01
TA  - Journal of Human Resources
PG  - 767--808
VI  - 55
IP  - 3
4099  - http://jhr.uwpress.org/content/55/3/767.short
4100  - http://jhr.uwpress.org/content/55/3/767.full
SO  - J Hum Resour2020 Jul 01; 55
AB  - We consider the effects of student ability, college quality, and the interaction between the two on academic outcomes and earnings, using data on two cohorts of college enrollees. Student ability and college quality strongly improve degree completion and earnings for all students. We find evidence of meaningful complementarity between student ability and college quality in degree completion at four years and in long-term earnings, but not in degree completion at six years or STEM degree completion. This complementarity implies some trade-off between equity and efficiency for policies that move lower-ability students to higher-quality colleges.