Heterogeneous Paths Through College: Detailed Patterns and Relationships with Graduation and Earnings

A considerable fraction of college students and bachelor's degree recipients attend multiple postsecondary institutions. Despite this fact, there is scant research that examines the nature of the paths - both the number and types of institutions - that students take to obtain a bachelor's degree or through the higher education system more generally. We also know little about how contact with multiple institutions of varying quality affects postgraduate life outcomes. We use a unique panel data set from Texas that allows us to both examine in detail the paths that students take towards a bachelor's degree and estimate how contact with multiple institutions is related to degree completion and subsequent earnings. We show that the paths to a bachelor's degree are diverse and that earnings and BA receipt vary systematically with these paths. Our results call attention to the importance of developing a more complete understanding of why students transfer and what causal role transferring has on the returns to postsecondary educational investment.