As the cost of living continues to increase over time, many Americans are placing greater scrutiny on the financial choices they make. An area for such evaluation is if the outcomes of going to college continue to be worth the cost. One underrepresented group, first-generation college students (FGCS), is less likely than non-FGCS to attend and graduate from college. However, for FGCS who successfully complete college, it is important to consider whether the outcomes of going to college were worth the investment. A useful starting place is determining if earnings after college are equal among FGCS and non-FGCS. Utilizing data from the "2008/2018 Baccalaureate & Beyond Longitudinal Study" (B&B:08/18), this dissertation compares the income of FGCS and non-FGCS one year, four years, and ten years after the completion of a baccalaureate degree using a series of linear regression and hurdle models. Findings indicate that despite the initial disparity when comparing means, much of the difference in income is explained by variables such as gender and occupation rather than first-generation status alone. [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://bibliotheek.ehb.be:2222/en-US/products/dissertations/individuals.shtml.]