Foregone earnings of college students in the U.S., 1970 and 1979: a microanalytic approach |
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Authors: | Elchanan Cohn Sherrie L. W. Rhine |
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Affiliation: | (1) Department of Economics, University of South Carolina, 29208 Columbia, South Carolina, USA;(2) Winthrop College, 29733 Rock Hill, South Carolina, USA |
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Abstract: | Foregone earnings are defined as the difference between a student's potential and actual income. Data from the 1970 wave of the National Longitudinal Survey (NLS) of Youths Labor Market Experience and the 1979 Youths Cohort of the NLS are employed to estimate foregone earnings of male college students. Estimates are provided by full- and parttime enrollments, and by attendance level (lower-division and upper division undergraduates and graduate-professional). The results are compared to estimates provided by other authors. |
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