Using the National Longitudinal Survey of Youth we examine processes b
y which students enter lucrative fields of study, selective colleges,
and lucrative fields within selective colleges. We code fields by thei
r graduates' average monthly income and use average incoming student's
SAT scores to measure selectivity. We find that: (1) males are much m
ove likely to enter fields of study with higher economic returns than
are females; (2) socioeconomic factors do not affect chances of entry
into lucrative fields net of other background factors, but SES predict
s entry into selective colleges and lucrative fields within selective
colleges; (3) measured academic ability is an important predictor for
all dependent variables.