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We estimate the effect that six types of high school math courses have on students' earnings nearly a decade after graduation. We use High School and Beyond transcript data to differentiate courses at a more detailed level than in previous research. This enables us to show that more-advanced courses have larger effects than less-advanced ones. We also provide evidence that math courses can help close the earnings gap between students from low-income and middle-income families. Finally, by incorporating other academic subjects, we demonstrate how specific course combinations can explain the earnings premium related to an additional year of school.
Rose et al. (Wed,) studied this question.