Higher Education and Local Educational Attainment: Evidence from the Establishment of U.S. Colleges
Links to Fileshttps://edworkingpapers.com/sites/default/files/ai21-449.pdf
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Type of Work32 pages
Citation of Original PublicationRussell, Lauren; Yu, Lei; Andrews, Michael J.; Higher Education and Local Educational Attainment: Evidence from the Establishment of U.S. Colleges; EdWorkingPaper No. 21-449, 10 August, 2021; https://edworkingpapers.com/sites/default/files/ai21-449.pdf
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We investigate how the presence of a college affects local educational attainment using historical natural experiments in which "runner-up" locations were strongly considered to become college sites but ultimately not chosen for as-good-as-random reasons. While runner-up counties have since had opportunity to establish their own colleges, winners are still more likely to have a college today. Using this variation, we find that winning counties today have college degree attainment rates 58% higher than runner-up counties and have larger shares of employment in high human capital sectors. These effects are not driven primarily by college employees, migration, or local development