Relative Success? Determinants of College Graduation Rates in Public and Private Colleges in the U.S. |
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| Authors: | Marc Scott Thomas Bailey Greg Kienzl |
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| Institution: | (1) The Steinhardt School of Education, New York University, 246 Greene Street, Suite 318E, New York, NY 10003, USA;(2) Institute on Education and the Economy Teachers College, Columbia University, 525 West 120th Street, Box 174, New York, NY 10027, USA |
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| Abstract: | Amid growing criticism of public universities, there is little discussion of what appropriate institutional evaluation would
entail. Six-year graduation rates are commonly used, and public bachelors granting institutions have lower rates than private
institutions, but with the growth in non-traditional college attendance, these can be misleading. We develop a regression
analysis as a way to evaluate institutions serving vastly different populations. We do this with a dataset constructed from
publicly available sources and focus on the evaluation of public colleges. We show that public colleges are able to do more
with less: our models suggest that with equivalent resources and student populations, public schools would graduate a slightly
larger percentage of students than privates. Since financial resources come from very different sources, we evaluate this
finding closely. |
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| Keywords: | college performance educational economics efficiency |
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