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"Now [Stacy] Dale, a senior researcher with Mathematica Policy Research, and [Alan] Krueger, a professor at Princeton University, are back with an extension of their earlier research, examining earnings over a longer period of time, looking also at a second more recent cohort of students and using a new database for earnings. They find that neither average school SAT nor tuition cost affects earnings on average, but that certain groups--black and Hispanic students and those with parents with less than 16 years of education--do receive a wage premium from attending a high SAT college."
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