The Big Sort: College Reputation and Labor Market Outcomes. National Bureau of Economic Research. W. Bentley MacLeod et al. Web posted July 2, 2015.
The authors find that the reputation of a college is correlated with their graduates’ earnings growth. They interpret this finding in a setting in which individuals choose colleges based on their reputations, and in which a school’s reputation in turn provides information about its students’ abilities and about its value added. [Note: contains copyrighted material].
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