THE RATE OF RETURN TO MEXICAN AMERICANS AND ANGLOS ON AN INVESTMENT IN A COLLEGE EDUCATION

Economic Inquiry - Tập 21 Số 3 - Trang 400-411 - 1983
Richard Raymond1, Michael Sesnowitz1
1*Kent State University. Research for this paper was supported by the Employment and Training Administration of the U.S. Department of Labor through Research and Development Grant No. 21–39-78-64 issued under the authority of title III, part B, of the Comprehensive Employment and Training Act of 1973. Researchers undertaking such projects under Government sponsorship are encouraged to express freely their professional judgment. Therefore, points of view or opinion stated in this document do not necessarily represent the official position or policy of the Department of Labor.

Tóm tắt

Rates of return to an investment in a college education are estimated for Mexican American and Anglo male college graduates with majors in business, accounting, education and liberal arts. The returns, estimated for 1967, 1970 and 1973 graduates of Pan American University, are quite substantial for all but the Anglo education majors. The returns to the business and accounting majors substantially exceed those to the other graduates. There was no strong tendency for the rates of return to fall over time nor were there any systematic differences between the returns to the two ethnic groups. This latter result does not imply an absence of labor market discrimination against Mexican American college graduates.

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Economic Inquiry

Tập 21 Số 3

400-411

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