China when allowing for heterogeneous returns among individuals selecting into schooling based on these differences. We use … % annually) in 2000 for young people in urban areas of six provinces of China. The effect of college on those who go is 13 %. Our … return to education has increased substantially in China, compared to the returns measured in the 1980 s and the early 1990's. …

China when allowing for heterogeneous returns among individuals selecting into schooling based on these differences. We use …% annually) in 2000 for young people in urban areas of six provinces of China. The effect of college on those who go is 13%. Our … return to education has increased substantially in China, compared to the returns measured in the 1980's and the early 1990's …