Abstract
ABSTRACTThis letter explores whether the expansion of tertiary education in Brazil has caused any significant decline in the average quality of the recent cohorts with higher share of tertiary education. Using Brazil National Household Survey 1995–2013 data, we find evidence shows that the recent cohorts earn a relatively smaller tertiary premium after controlling everything else that also affect the tertiary premium, which indicates the decline in average quality of the recent college graduates.
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