Evaluating Student Outcomes at For-Profit Colleges
Using the Beginning Postsecondary Student Survey, we examine the effect on earnings of obtaining certificates/degrees from for-profit, not-for-profit, and public institutions. Students who enter certificate programs at any type of institution do not gain from earning a certificate. However, among those entering associates degree programs, there are large, statistically significant benefits from obtaining certificates/degrees from public and not-for-profit but not from for-profit institutions. These results are robust to addressing selection into the labor market from college, and into positive earnings from unemployment, using imputation methods and quantile regression along with a maximum likelihood sample selection model.
Lang, K. and Weinstein, R. "The Wage Effects of Not-For-Profit and For-Profit Certifications: Better Data, Somewhat Different Results," Labor Economics, (October 2013) 230-43