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The effect of college education on mortality
Kasey Buckles1, Andreas Hagemann2, Ofer Malamud3
1University of Notre Dame, Notre Dame, IN, USA; National Bureau of Economic Research, Cambridge, MA, USA; Institute for the Study of Labor (IZA), Bonn, Germany.
Abstract:
We exploit exogenous variation in years of completed college induced by draft-avoidance behavior during the Vietnam War to examine the impact of college on adult mortality. Our estimates imply that increasing college attainment from the level of the state at the 25th percentile of the education distribution to that of the state at the 75th percentile would decrease cumulative mortality for cohorts in our sample by 8 to 10 percent relative to the mean. Most of the reduction in mortality is from deaths due to cancer and heart disease. We also explore potential mechanisms, including differential earnings and health insurance.
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