This paper examines trends in the college wage premium (CWP) by birth cohort across the five major household surveys in the United States: the Census/ACS, CPS, NLSY, PSID, and SIPP. We document a flattening in the CWP for birth cohorts 1978 and onward in each survey and even a decline for birth...

Learning English is a potentially profitable investment for immigrants in the U.S.: while there are initial costs, the subsequent benefits include the ability to communicate with the majority of the population, potentially leading to better paying jobs and economic success in the new country....