Table 3.

Financial, Occupational and Cognitive Returns to Adults' Schooling Level: L.A. FANS^a

Variable	Logged Family Income	Adult Occupational Status	Adult Passage Comprehension	Child Reading Skill
Some Secondary	0.189^*	1.927^*	3.025^†	5.585^*
	(.10)	(0.84)	(1.62)	(2.24)
Secondary	0.236^*	3.264^**	3.862^*	3.553
	(0.10)	(0.84)	(1.64)	(2.36)
Some College	0.360^**	8.871^**	12.617^**	7.586^**
	(0.12)	(0.96)	(1.89)	(2.74)
College or More	0.777^**	15.688^**	24.484^**	10.706^**
	(0.12)	(1.00)	(1.99)	(3.00)
N	2969	2998	1767	1522

Standard errors in parentheses. Coefficients are from linear regression models. Omitted category of education is completion of primary school or less.

p <.05;

^**

p <.01

Income and occupation samples include both RSAs and PCGs. Reading comprehension sample includes only PCG respondents. For children's reading skill, sample includes RSC and sibling respondents. All models also include race/ethnicity, sex, marital status, number of children in household, health during childhood, present health, documentation status, occupational status of household head at age 14, and occupational status of current household head (except occupational status and adult passage comprehension models). Adult and child reading skill models control for the language of the test and whether a non-English language is spoken at home. Child reading skill model also controls for child's age and parent's reading comprehension score.