DOES SCHOOL QUALITY MATTER - EVIDENCE FROM THE NATIONAL LONGITUDINAL SURVEY OF YOUTH

The paper searches for links between school quality and subsequent earnings of students. Using data for white males from the NLSY, the paper rejects the hypothesis that workers' earnings are independent of which high school they attended. However, traditional measures of school ''quality'' such as class size, teachers' salaries and teachers' level of education fail to capture these differences. This result is robust to changes in specification and subsample. The paper contrasts the results with those of Card and Krueger (1992a), and speculates that structural changes may have weakened the link between traditional measures of school quality and student outcomes.