Race and Gender Wage Gaps in the Market for Recent College Graduates

Using a large sample of recent college graduates, the study tests the hypothesis that observed race and gender wage differentials reflect between‐group differences in the type and quality of education attained rather than labor market discrimination. After controlling for narrowly defined college major, college grade point average, and the exact educational institution attended, white male and Hispanic male graduates earn 10 to 15 percent more per hour than comparable female, black male, or Asian male graduates.