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1 Introduction College graduation rates in the United States have risen substantially in recent cohorts. In this paper, we study how graduation rates varied by birth cohort, gender, and race/ethnicity; and what forces drive these changes. Figure 1 plots college graduation rates for men and women in 5-year birth cohorts from 1960 to 1990, separately for White, Black, and Hispanic Americans, using CPS data.
This research was supported by Australian Research Council (ARC) grants FL110100247 and DP210103319 and the ARC Centre of Excellence in Population Aging Research (Cepar) grants CE170100005 and CE110001029. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
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