College-for-all: how community colleges open new opportunities -- Can alternative credentials avoid the usual opportunity barriers? -- Money isn't everything: do sub-BA credentials lead to nonmonetary job rewards? -- Beyond one-dimensional qualifications: how students discover hidden abilities...

This paper addresses the intergenerational transmission of education and investigates the extent to which early school leaving (at age 16) may be due to variations in parental background. An important contribution of the paper is to distinguish between the causal effects of parental income and...