C. Goldin, AMERICA GRADUATION FROM HIGH-SCHOOL - THE EVOLUTION AND SPREAD OF SECONDARY SCHOOLING IN THE 20TH-CENTURY, The Journal of economic history, 58(2), 1998, pp. 345-374
Secondary-school enrollment and graduation rates increased spectacular
ly in much of the United States from 1910 to 1940; the advance was par
ticularly rapid from 1920 to 1935 in the nonsouthern states. This incr
ease was uniquely American; no other nation underwent an equivalent ch
ange for several decades. States that rapidly expanded their high scho
ol enrollments early in the period had greater wealth, more homogeneit
y of wealth, and less manufacturing activity than others. Factors prom
pting the expansion include the substantial returns to education early
in the century and a responsive ''state.'' This work is based on a ne
wly constructed state-level data set.