- Average test score gain of non-Blacks provides a measure of school quality, and Blacks perform better in higher quality schools.
- School quality is a much more important determinant of future labor market success than school racial composition.
- Raising school quality is likely to be much more efficient than the reallocation of students among schools as a means to improve academic and labor market outcomes for Blacks.
- Results show that the academic acheivement and earnings of Blacks are strongly related to the cognitive achievement gains of their non-Black schoolmates.
- Little evidence of a systematic relationship between the three outcomes and school racial composition.