CONTACT: GEORGE McCRORY
100 Old Public Library
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
Princeton professor to examine income and education at UI lecture
IOWA CITY, Iowa -- Does a college degree pay off? A Princeton University
professor scheduled to speak Tuesday, Nov. 10 at the University of Iowa
says his study on the educational levels of identical twins supports the
notion that more education means more income.
Orley Ashenfelter, the Joseph Douglas Green 1895 Professor of Economics
at Princeton, will speak at 8 p.m. Tuesday in Room 40 of Schaeffer Hall.
He is one of the world's most prominent labor economists and editor of
the American Economic Review.
In his lecture "Does a College Degree Pay Off? Evidence from Data
on Identical Twins," Aschenfelter will speak about education as an
economic investment. Ashefelter studied educational levels of 1,000 identical
twins who gathered at the National Twins Festival in Twinsburg, Ohio. He
found that an additional year of schooling increases earnings by about
10 percent for the twin who has more education.
The lecture is part of the Ida Cordelia Beam Distinguished Visiting
Professor series and is sponsored by the UI department of economics.
The lecture is free and open to the public. A reception will follow
in the Commons Room, 302 Schaeffer Hall. For more information, contact
the department of economics at 335-0829.