Figure F

The college wage premium has stagnated in recent years: The log wage difference between workers with and without a college degree

Year Estimate
1979 0.299
1980 0.306
1981 0.313
1982 0.326
1983 0.342
1984 0.362
1985 0.382
1986 0.395
1987 0.415
1988 0.425
1989 0.423
1990 0.434
1991 0.435
1992 0.440
1993 0.446
1994 0.455
1995 0.455
1996 0.460
1997 0.468
1998 0.471
1999 0.479
2000 0.488
2001 0.487
2002 0.478
2003 0.476
2004 0.477
2005 0.482
2006 0.486
2007 0.491
2008 0.501
2009 0.497
2010 0.513
2011 0.515
2012 0.511
2013 0.519
2014 0.515
2015 0.519
2016 0.528
2017 0.518
2018 0.514
2019 0.520
2020 0.520
2021 0.516
2022 0.521
2023 0.510
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Notes: The college wage premium in Figure F is estimated from year-specific sample-weighted regressions of Version 1.0.47 of the EPI Current Population Survey extracts of the log hourly wage on college degree attainment, a quartic polynomial in age, and gender, race, marital status, and state fixed effects. 

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