National Longitudinal Survey of Youth data reveal that 35% of white males who left school between 1979 and 1988 returned by 1989. An estimated wage model shows that those who delay their schooling earned less than those with continuous schooling. The gap increased with the length of time before reenrollment. (SK)

Uses National Longitudinal Study of Youth data to determine how estimated returns to schooling are influenced by career starting date choice. Defines schooling and experience measures for four alternative starting dates. Uses results to estimate standard wage model for samples of white and nonwhite men. Returns to schooling increase dramatically…

Uses data for male high-school graduates to estimate a wage model that includes detailed measures of high-school coursework and postschool work experience as covariates. High-school employment's direct effect on subsequent wages is small and relatively short-lived. Vocational courses and postgraduation work experience provide indirect benefits.…