Tj. Kane, COLLEGE ENTRY BY BLACKS SINCE 1970 - THE ROLE OF COLLEGE COSTS, FAMILY BACKGROUND, AND THE RETURNS TO EDUCATION, Journal of political economy, 102(5), 1994, pp. 878-911
College enrollment of black 18-19-year-old high school graduates decli
ned from 1980 through 1984 and then rebounded after 1984. This paper p
resents data from a time series of cross sections of 18-19-year-old yo
uths from 1973 through 1988 to test the role of family background, dir
ect college costs, local economic conditions, and returns to college i
n driving these trends. The evidence suggests that, on the one hand, i
ncreases in direct college costs were driving enrollment rates downwar
d throughout the eighties. On the other hand, dramatic increases in av
erage parental education for black youths exerted upward pressure on c
ollege enrollment by blacks, particularly in the latter half of the de
cade. The net effect of these two factors contributed to the pattern o
f decline and recovery observed during the eighties.