DIFFERENCES IN RETURNS TO EDUCATION - AN ANALYSIS BY RACE

Although a number of studies have examined the returns to education, n one have attempted to estimate and contrast the manner in which differ ent levels of education affect earnings for blacks and for whites over any length of time. The returns to three levels of education are esti mated for black and white individuals separately over a twenty year pe riod, 1967-86, and trends are examined. Some comparisons between the S outh and the rest of the country are made.