The study finds (1) that vocational-technical training taken under the GI Bill raises earning capacity more than does similar training taken under Manpower Development and Training Act (MDTA) and Comprehensive Employment and Training Act (CETA) and (2) that the earnings effect of training are significantly greater for blacks. (EM)

The study assessed the use of vouchers for funding manpower training, using the GI bill as a test case. Focus was on vocational training, although on-the-job training (OJT), correspondence, and college training were also examined. The value of training was estimated by the extent to which it leads to increased earnings. Longitudinal earnings…