共查询到20条相似文献，搜索用时 15 毫秒
1.
Merit-based financial aid awards have become increasingly prevalent in the pricing policies of higher education institutions. This study utilizes an experiment to estimate the efficacy of merit-aid awards in achieving the institutional objective of attracting the most academically desirable applicants. I find that merit aid has a statistically significant but inelastic effect on enrollment of extremely high ability students. Additionally, the setting of this paper allows for a test of whether students respond to the framing of price in making enrollment decisions (i.e. price illusion), holding net price constant. There is weak evidence in support of price illusion among this set of students. 相似文献
2.
Federal benefit programs, including federal student aid, are designed to aid targeted populations. Behavioral responses to these programs may alter the incidence of their benefits, a possibility that receives less attention in the literature compared to tax incidence. I demonstrate the importance of benefit incidence analysis by showing that the intended cost reductions of tax-based federal student aid are substantially offset by institutional price increases for a sample of 4-year colleges and universities. Contrary to the goal of policymakers, I find that tax-based aid crowds out institutional aid roughly dollar-for-dollar. Unfortunately, it is not clear how institutions utilize these captured resources, so that the ultimate incidence of the programs is uncertain. 相似文献
3.
We study student loan behavior in the Netherlands where (i) higher education students know little about the conditions of the government's financial aid program and (ii) take-up rates are low. In a field experiment we manipulated the amount of information students have about these conditions. The treatment has no impact on loan take-up, which is not due to students already having decided to take a loan or students not absorbing the information. We conclude that a lack of knowledge about specific policy parameters does not necessarily imply a binding information constraint. 相似文献
4.
Using detailed individual-level data from public universities in the state of Ohio, I estimate the effect of various institutional expenditures on the probability of graduating from college. Using a competing risks regression framework, I find differential impacts of expenditure categories across student characteristics. I estimate that student service expenditures have a larger impact on students with low SAT/ACT scores, while instructional expenditures are more important for high test score students and those majoring in scientific/quantitative fields. The individual-level nature of these data allows me to address measurement error and endogeneity concerns the previous literature has been unable to deal with. 相似文献
5.
Thomas Flint 《Research in higher education》1997,38(3):313-344
A study of parents' and their children's means of paying for college was conducted to determine if the use of parent contributions, work earnings, or student financial aid shows influence across generations. This study used data from the National Postsecondary Student Aid Study of 1990 in a path model with controls for the child's academic ability, gender, declared major, institutional selectivity, tuition cost, and distance from home. Indirect effects are indicated that increase parental cash gifts and loans to the child, mediated by parents' measures of socioeconomic status, the timing of college savings, and the child's degree aspirations. The child's financial aid is also indirectly affected by measures of the parents' socioeconomic status (higher status resulting in less aid). The direct effect of the parent receiving student financial aid is in larger amounts of student aid for the child. No intergenerational effects occur between the parents' use of work earnings to finance college and the amount of work earnings in college for the child. 相似文献
6.
This paper provides an econometric analysis of the matriculation decisions made by students accepted to Williams College, one of the nation's most highly selective colleges and universities. Using data for the Williams classes of 2008 through 2012 to estimate a yield model, we find that—conditional on the student applying to and being accepted by Williams—applicant quality as measured by standardized tests, high school GPA and the like, the net price a particular student faces (the sticker price minus institutional financial aid), the applicant's race and geographic origin, plus the student's artistic, athletic and academic interests, are strong predictors of whether or not the student will matriculate. 相似文献
7.
省属高校研究生资助管理绩效评估是针对管理过程进行的动态性评估,其目的是为决策者及时提供科学依据。本文结合我国政府关于省属高校研究生资助管理的阶段性目标要求,采用德尔菲法进行初始指标的提出,进而运用能力层次分析法(AHP)进行判断权重一致性。主要建构的指标体系包括:制度建设、政策落实、资金管理和信息管理4个一级指标、17个二级指标和42个三级指标。基于33个省市、自治区以及计划单列市数据的评估结论是:研究生资助制度建设全面,资助政策贯彻落实比较到位,资金管理基本符合政策规定,信息化建设等方面成效明显;但存在还款救治机制缺位,资助经费占事业费比例较低,生均贷款额度不足,资助经费预算与支出失衡等问题。从评估分值结果看,基本呈现出东、中、西依次降低的分布趋势。所得结论将为改革完善我国省属高校研究生资助政策,提供客观性、参考性和可行性的政策依据。 相似文献
8.
Willingness to Pay and Preference for Private Institutions 总被引：1，自引：0，他引：1
This study focuses on the correlates of student preference for private institutions over public institutions in their senior year in high school, with a particular focus on the effects of students' subjective responses to tuition costs and to financial aid availability. The data for this study were drawn from a longitudinal study of postsecondary educational choice of high school students in the state of Indiana. The results indicate that in addition to student and family background and student academic characteristics, students' subjective responses to tuition costs and to financial aid availability have a substantial linkage with student preference for private or public institutions. This study suggests that family and ascribed characteristics alone do not explain student preference for the type of postsecondary institution. Students' subjective responses to tuition costs and to financial aid availability are also directly related to student preference for a certain type of postsecondary institution, independent of student family background and academic characteristics. This suggests that the willingness to pay, not only the ability to pay, plays a direct role in student college choice decisions. The implications for policy making are discussed. 相似文献
9.
Colleges’ early decision (ED) admission policies require accepted students to commit to attend the school without comparing outside options. With data from two liberal arts schools we find evidence that students with higher willingness and ability to pay and lower measured ability levels are more likely to apply ED. Applying ED raises the probability of acceptance by 40 percentage points. We address the potential selection of students into ED, including estimating an upper bound of 46 percentage points following Altonji, Elder, and Taber (2005). One college appears to use the ED process to screen applicants with high SAT scores and female applicants, thereby avoiding the potential adverse selection of applicants in the regular decision process. Finally, even conditional on higher socioeconomic status and other observable characteristics, applying ED is correlated with higher financial aid packages, perhaps because the college's financial aid resources are higher earlier in the admission process. 相似文献
10.
上期讨论了相关理论并简单介绍了高学费、高资助政策。本期介绍对高学费、高资助政策的各种批判意见和各国的学生资助概况,考察了学生资助制度比较完善的美国的状况,包括其历史、现状、社会背景以及存在的问题等。结果显示美国的财政资助卓有成效,但也存在学生负债过重和不还敖现象,还有学生资助基准的变化使教育机会均等面临危机。 相似文献
11.
美国大学生资助需求公式及对中国的启示 总被引：2，自引：0，他引：2
美国大学生资助需求公式是上世纪中期发展起来的,用于判断一个大学生是否需要资助,需要资助的金额是多少。其理论基础是高等教育成本需要家庭和社会共同分担,维护高等教育公平。其基本结构是学生入学成本减去家庭预期贡献。公式的核心内容是计算大学生家庭可以用于高等教育的资金。美国大学生资助需求公式可以为建立中国大学生资助需求公式提供借鉴。 相似文献
12.
Doctoral programs have high dropout rates of 43% representing the highest among all post-baccalaureate programs. Cross sectional studies of doctoral students?? retention have showed the importance of financial aid in predicting degree completion. These studies however, do not estimate the labor market??s effect on doctoral student retention and neglect the longitudinal nature of doctoral study and the multiple requirements that make doctoral education a three-stage process. This research study examines the effect of various factors, including financial aid and labor market conditions, on the likelihood that doctoral students will complete the three stages of doctoral education: transition, development, and research. The results show that although financial aid as a whole is important, the type of financial aid received is even more significant and has differential impacts on doctoral students?? retention at each stage. The study concludes that research assistantships have the highest likelihood of degree completion compared to students with other forms of financial support. Labor market conditions are also an important factor affecting doctoral student retention with higher expected earnings motivating doctoral students in the later part of their programs to complete their degrees. 相似文献
13.
While research outside economics has found that drinking has a negative effect on cognitive skills, some economists have failed to find any negative relationship between drinking and academic performance. This paper argues that the reason for this discrepancy is due to the way education is measured in the economic literature. Herein, binge drinking in the senior year of high school is found to reduce the probability of receiving a high school diploma and to increase the probability of graduating with a General Education Development (GED). Moreover, this study finds that alcohol policies do not affect the dropout rate measured at the age of 25, but they do affect the probability that a student will graduate on time. In conclusion, bingeing is found to be responsible for inducing individuals to temporarily drop out of school. Eventually, these individuals return to school to complete their education, most likely by obtaining a GED diploma. 相似文献
14.
This paper examines the factors influencing theyield — the proportion of accepted applicants that confirm their intention to attend — in the admissions process for the MBA program of the school of management at a large metropolitan university. A stochastic model of a student's MBA program choice decision is presented. Using the resulting logistic probability model, the authors examine the impact of student traits (both aptitude-related and non-aptitude-related) and program characteristics, known to admissions officials, on the probability of confirmation. The results of the analysis provide a basis for measuring the dimensions of the market for educational services this MBA program provides, suggest a strategic response to this market, and offer a way to measure the profitability of various strategic response options. In particular, the results demonstrate that financial aid awards can increase dramatically the probability of confirmation and that confirmation probabilities are affected significantly by non-aptitude-related student characteristics. 相似文献
15.
Thomas S. Dee 《Economics of Education Review》2011,30(5):924-937
Wisconsin's influential Learnfare initiative is a conditional cash penalty program that sanctions a family's welfare grant when covered teens fail to meet school attendance targets. In the presence of reference-dependent preferences, Learnfare provides uniquely powerful financial incentives for student performance. However, a 10-county random-assignment evaluation suggested that Learnfare had no sustained effects on school enrollment and attendance. This study evaluates the data from this randomized field experiment. In Milwaukee County, the Learnfare procedures were poorly implemented and the random-assignment process failed to produce balanced baseline traits. However, in the nine remaining counties, Learnfare increased school enrollment by 3.5 percent (effect size = 0.08) and attendance by 4.5 percent (effect size = 0.10). These results suggest that well-designed financial incentives may be an effective mechanism for improving the school persistence of at-risk students at scale. 相似文献
16.
Michael S. Kofoed 《Research in higher education》2017,58(1):1-39
In the United States, college students must complete the Free Application for Student Federal Aid (FAFSA) to access federal aid. However, many eligible students do not apply and consequently forgo significant amounts of financial aid. If students have perfect information about aid eligibility, we would expect that all eligible students complete FAFSA and no aid would go unclaimed. Using data from the National Postsecondary Student Aid Survey, I estimate a multinomial logit model which controls for all variables that contribute to aid eligibility and other student characteristics that may deter FAFSA completion. I find that students who are lower middle income, white, male and independent from parents are less likely to complete FAFSA even when they are eligible for aid. Using propensity score matching, I find that each year applicants forgo $9,741.05 in total aid (including grant and loan aid) which includes $1,281.00 of Pell Grants, $2,439.50 of the balance subsidized student loans, $1,986.65 of the balance of unsubsidized student loans, and $1,016.04 of institutional grants. These aid totals aggregate to $24 billion annually. 相似文献
17.
This paper examines the effects of financial aid on the decision to attend a selective liberal arts college using data obtained from applicants accepted to Occidental College in 1989. Patterned after a similar empirical investigation by Ehrenberg and Sherman for accepted freshmen at Cornell in 1981, logit probabilities of enrollment equations are estimated based on (1) observable characteristics of the individual students, (2) the net costs of attending Occidental and the various alternative colleges under consideration (including the financial aid packages offered) and (3) other characteristics of these alternative colleges. The results, like Ehrenberg and Sherman's, indicate that relative tuition and scholarships affect the probability of enrollment for financial aid applicants, but that loans and work study assistance have no statistically significant effect. Non-financial aid applicants — a group not investigated by Ehrenberg and Sherman — are much less sensitive to relative cost considerations. 相似文献
18.
This paper examines the financial value over the course of a lifetime of pursuing a college degree under a variety of different settings (e.g. major, student loan debt, individual ability). I account for ability/selection bias and the probability that entering freshmen will not eventually graduate.I find the financial proposition of attending college is a sound investment for most individuals and cost scenarios, although some scenarios do not pay off until late in life, or ever. I estimate the present discounted value of attending college for the median student to vary between $85,000 and $300,000 depending on the student’s major. Most importantly, the results of this paper emphasize the role that risk (e.g. the nontrivial chance that a student will not eventually graduate) plays in the cost-benefit analysis of obtaining a college degree. 相似文献
19.
Chengfang Liu Linxiu ZhangRenfu Luo Xiaobing WangScott Rozelle Brian SharbonoJennifer Adams Yaojiang ShiAi Yue Hongbin LiThomas Glauben 《Economics of Education Review》2011,30(4):627-640
Many educational systems have struggled with the question about how best to give out financial aid. In particular, if students do not know the amount of financial aid that they can receive before they make a decision about where to go to college and what major to study, it may distort their decision. This study utilizes an experiment (implemented by the authors as a Randomized Control Trial) to analyze whether or not an alternative way of providing financial aid—by providing an early commitment on financial aid during the student's senior year of high school instead of after entering college—affects the college decision making of poor students in rural China. We find that if early commitments are made early enough; and they are large enough, students will make less distorting college decisions. 相似文献
20.
ANALYSIS OF STOPOUT BEHAVIOR AT A PUBLIC RESEARCH UNIVERSITY: The Multi-Spell Discrete-Time Approach 总被引：1，自引：0，他引：1
Iryna Y. Johnson 《Research in higher education》2006,47(8):905-934
Existing applications of event history modeling in attrition research typically focused on the first departure. This study extends the scope of existing applications by dividing each student’s enrollment history into periods of enrollment and non-enrollment (spells). The findings indicate that departure is strongly associated with poor college grade performance and part-time enrollment. Students receiving financial aid are more likely to persist. The probability of return is higher for students whose parents attended college, those with higher SAT scores and coming from nearby areas. The duration of previous spells has a positive impact on the probability of return and a negative impact on the probability of departure. 相似文献