College attendance and completion in the U.S. are strongly correlated with race and socioeconomic background. Do public postsecondary institutions themselves exacerbate pre-college disparities, or reduce them? We address this question using longitudinal data linking the records of students at...

Conditional on enrollment at a four-year public university, African American students are less likely to graduate and less likely to graduate with a STEM degree than White students. This article reports on evidence from Missouri showing that these outcome differences in college can be explained...

Differences in college and post-graduate degree attainment alone explain less than half of Black-White and Hispanic-White wealth gaps in a standard wealth regression. Differences in family structure and measures of luck such as income windfalls and inheritances explain even less. Measures of...