To a large degree, the expansion of student aid programs to potential college students over the past 25 years in the …-documented, large positive correlation between family income and schooling attainment. This correlation has been widely interpreted as … bias arises when students have differential access to sources of credit for educational investments. The connection between …

of schooling on income and GDP growth. Much microeconometric evidence suggest that education is an important causal … determinant of income for individuals within countries. At a national level, however, recent studies have found that increases in … effect of changes in educational attainment on income growth in cross-country data is at least as great as microeconometric …

widespread rhetoric about the democratization' of higher education that came with this large pool of students, there is little …

Analyses of income inequality have identified the importance of increased demand for worker skills, but … characterizations of worker skills by the amount of schooling attained do not capture important aspects of the widening income … quality is an important component of the changing income distribution. The central analysis focuses on how governmental …