Early Reform

Public

Private

Afr. Am.

White

Diff.

Afr. Am.

White

Diff.

$13.81

$15.03

$1.78*

$12.28

$15.15

$3.13**

(−2.66)

(−2.04)

(−2.32)

(−2.86)

(−2.43)

(−2.25)

Later Reform

Public

Private

Afr. Am.

White

Diff.

Afr. Am.

White

Diff.

$12.90

$14.87

$2.93**

$12.10

$15.22

$3.12**

(−2.8)

(−2.21)

(−2.22)

(−2.09)

(−2.05)

(−2.11)