6. Conclusion
The importance of increasing the number of minorities completing STEM degrees is underscored by the large projected growth in the minority population and the argument that STEM graduates boost the competitiveness of the US economy. Increasing the number of minorities in STEM also has the potential to reduce race income gaps given the large labor market returns that minorities receive in STEM fields (Melguizo & Wolniak, 2012). Difference-in-difference, event study and synthetic control analyses reveal that minority STEM degree completions in public four-year colleges decline following statewide affirmative action bans. The effect is found at highly selective colleges and most evident in engineering programs. We cannot find convincing evidence of effects at moderately selective colleges, and, when considering highly and moderately selective colleges combined, minority participation in STEM also appears to decline. Overall, these findings suggest that student-college mismatch in STEM arising from race preferences in college admissions does not appear to be an overarching and pervasive phenomenon in the study sample, and affirmative action may actually be an effective policy for boosting minority representation in STEM in some circumstances.