The Scarring Effects of College Education Deprivation during China's Cultural Revolution

China's college enrollment system came to a sudden halt as the Cultural Revolution started. Virtually no students were admitted to colleges from 1966 to 1969. We estimate a marked downward shift in college completion rates for the affected cohorts. Using a regression discontinuity approach, we show that these individuals experienced a sizable reduction in labor supply, earnings, and wealth after some 30 years, which can be attributed to the loss of access to college education. Our results also suggest that the affected generation had made efforts to make up for their loss of education later in life.