The Benefits to Taxpayers from Increases in Students - RAND ...

98 The Benefits to Taxpayers from Increases in Students’ Educational Attainment
Table C.1
Estimated Two-Part Model of 2002 Welfare Income (Temporary Assistance to Needy
Families, General Assistance, Other)
Probit – Utilization
OLS – Income Received
(square root)
Women Men Women Men
Intercept –1.8058** –2.6872** 18.8502 33.5123
Education level
Less than high school
graduate
0.6111 –1.3400 –1.1258 –19.7075
Some college –0.4260 –1.1202 29.3317 –28.3472
Bachelor’s degree or more –1.6583* –0.7890 –57.1518 –38.3827
Age
Age 0.0003 –0.0018 1.2803** 0.3010
Age squared –0.0002 0.0000 –0.0173** –0.0063
Age–less than high school
graduate
0.0006 0.0681* 0.0988 0.6206
Age–some college 0.0084 0.0448 –1.4021 0.9710
Age–bachelor’s degree or
more
Age squared–less than
high school graduate
0.0304 0.0169 1.3635 1.3737
–0.0001 –0.0007* 0.0009 –0.0055
Age squared–some college 0.0000 –0.0004 0.0154 –0.0103
Age squared–bachelor’s
degree or more
–0.0001 –0.0001 –0.0052 –0.0120
Race/ethnicity
Asian 0.3010** 0.3124 17.3731** 12.7796
Black 0.5857** 0.4413** 3.2781 9.0014
Hispanic 0.3038** 0.1999 4.5635 5.5364
Native American 0.7274** 0.4846* 7.2424 10.1152
Immigrant –0.1060 –0.0753 3.4162 6.4218
N 21,548 18,746 575 103
R squared 14% 5% 12% 22%
NOTES: One and two asterisks indicate significance at the 0.05 and 0.01 levels, respectively.
Education effects (main and interacted) are jointly significant at the 0.05 level except for the
income of men. The intercept is high school graduate, white, U.S.-born.