Understanding the Relative Value of Alternative Pathways in Postsecondary Education
Evidence From the State of Virginia
Di Xu1 and Jeffrey Fletcher2, 1University of California, Irvine, CA, United States, 2Columbia University, New York, NY, United States
Abstract
In this chapter, we replicate and extend analyses completed in other state-wide studies by estimating returns to credentials and credit accumulation for first-time college students who enrolled in the Virginia Community College System in Fall 2004 using a classic Mincerian approach. Consistent with previous studies, we find positive returns to college-level credits, even among students who did not earn a credential. When accounting for the total number of college-level ...
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