Table 3

Parameter Estimates—Basic Model

Variables	College Entry^*		College Degree^{^†}		Health Professional^{^‡}
Variables	Estimate	SE	Estimate	SE	Estimate	SE
Constant	−2.820 **	0.047	−1.545**	0.370	−1.497**	0.213
Male	−0.022 ^*	0.013	−0.009	0.013	0.087 **	0.017
Black	0.836**	0.019	0.447 **	0.030	0.020	0.016
Black*Male	−0.210**	0.012	−0.115**	0.012	0.042 **	0.013
Hispanic	0.600 **	0.010	−0.176**	0.012	0.155 **	0.010
Asian	0.732**	0.009	−0.002	0.012	−0.034 **	0.011
SAT Score / 1000	2.940 **	0.044	1.870**	0.246	0.589 **	0.154
Dad is high school graduate	0.243 **	0.020	0.018	0.025	−0.101 **	0.035
Dad is college graduate	0.289**	0.011	0.165 **	0.018	−0.040	0.013
Black*Dad is high school graduate	0.057 **	0.015	0.069 **	0.017
Black*Dad is college graduate	−0.052**	0.011	−0.503 **	0.011
Mom is high school graduate	0.210**	0.021	0.121 **	0.031	−0.030	0.034
Mom is college graduate	0.342 **	0.011	0.148**	0.016	0.018	0.013
Black*Mom is high school graduate	−0.354 **	0.016	−0.325 **	0.020
Black*Mom is college graduate	−0.198**	0.011	0.204 **	0.011
Rural	−0.227 **	0.011	0.032**	0.012	−0.231 **	0.012
Black*Rural	0.008	0.010	0.383 **	0.010
α₃₂ (note: α₃₁ = 0)			0.018	0.028
α₄₂ (note: α₄₁ = 0)					−0.056	0.038
α₄₄ (note: α₄₃ = 0)					0.106 **	0.039
College entry	1.000
College degree	−0.171 **	0.072	1.000
Health professional	−0.350**	0.039	0.696 **	0.022	1.000

↵* Refers to individuals enrolling in nonvocational two-year or any four-year colleges or universities.
↵† Refers to individuals receiving a baccalaureate degree from any four-year colleges or universities.
↵‡ Refers to individuals with postbaccalaureate degree who choose an occupation in the health professions.
Note: Statistical significance at the 1 (5) percent level indicated by ** (*).
Source: Authors’ calculations using NLS-72.