The Role of Two-Year Colleges in the Improving Situation of Hispanic Postsecondary Education
21 Pages Posted: 5 Jan 2005
During the past two decades two-year colleges have become an increasingly important part of the American higher education system, especially for Hispanics who are disproportionately likely to start their careers two-year colleges. Given that today's economy rewards college attendance more than every before (Bound and Johnson, 1992, 1995) it becomes important to consider the effect that two-year colleges have had on the educational and subsequent labor market futures of Hispanics. Using a sample drawn from the sophomore cohort of the High School and Beyond and we examine the extent to which access to two-year colleges affects both the number of years of postsecondary education completed by Hispanics and the probability of their one-day attaining Bachelor's degrees. Employing an IV approach to correct for self-selection, we find that two-year colleges have an unambiguously positive effect on the educational attainment of Hispanics. Further, the fact that we estimate a democratization effect for Hispanics that exceeds previous estimates by nearly one full year suggests that Hispanics might disproportionately benefit from access to two-year colleges.
Keywords: Community Colleges, Hispanic Education, Transfer students
JEL Classification: I20, J15, J24
Suggested Citation: Suggested Citation