Table 3

Effect of School SAT Score/100 on Having Earnings in 2007 Greater Than Minimum Threshold

1976 Men1976 Women1976 Pooled Men and Women1989 Pooled Men and Women
BasicSelf-RevelationBasicSelf-RevelationBasicSelf-RevelationBasicSelf-Revelation
Had earnings greater than minimum wage threshold ($13,822 in 2007 dollars)
    Parameter estimate for school SAT score/100−0.062
{0.039}
−0.047
{0.038}
−0.067
{0.027}
−0.034
{0.035}
−0.061
{0.026}
−0.049
{0.034}
−0.093
{0.072}
−0.085
{0.074}
Had nonzero earnings
    Parameter estimate for school SAT score/100−0.059
{0.031}
−0.067
{0.041}
−0.069
{0.032}
−0.031
{0.040}
−0.062
{0.028}
−0.048
{0.038}
−0.097
{0.077}
−0.088
{0.080}
N8,3048,89717,2028,830
  • Source: C&B Survey and SSA’s Detailed Earnings Records.

  • Notes: Each cell corresponds to an estimate drawn from a different weighted least squares regression where the dependent variable was whether the student had earnings that were greater than the minimum wage threshold (in the top panel) or greater than zero (in the bottom panel). The regressions each controlled for race, student SAT score, high school grade point average, dummies for whether high school grade point average or SAT score is missing, predicted parental income, and student athlete; the self-revelation model also controls for the average SAT score of the schools to which the student applied and for the number of applications the student submitted. Standard errors are reported in brackets and are robust to correlated errors among students who attended the same colleges.