College course scarcity and time to degree |
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| Institution: | 1. Department of Economics, Hallym University, 1 Hallimdeahak-gil, Chuncheon-si, Gangwon-do, 24252 Korea;2. Department of Economics, Sungkyunkwan University, 25-2, Sungkyunkwan-ro, Jongno-gu, Seoul, 03063, Korea\n;1. Harvard Graduate School of Education, 13 Appian Way, Cambridge, MA 02138, United States;2. School of Government, Universidad de los Andes, Bogota-Colombia, Cr 1 No 19-27 Bloque Aulas AU, tercer piso., Bogotá, Colombia;3. Department of Economics, Universidad de los Andes, Bogotá-Colombia, Calle 19A No 1-37 Este. Bloque W, Bogotá, Colombia;4. Ph.D. Student, Department of Economics, University of Illinois at Urbana-Champaign, 1407W Gregory Dr, Urbana, IL 61801, United States;1. Department of Agricultural Economics and Economics, Montana State University, Bozeman, MT 59717-2920, United States;2. Accenture LLP, 800 Connecticut Avenue, Ste. 600, Washington, DC 20006, United States;1. Department of Economics and Truman School of Public Affairs at the University of Missouri-Columbia, United States\n;2. RAND Corporation, United States\n;3. Graduate School of Business at Columbia University and National Bureau of Economic Research, United States\n |
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| Abstract: | College students are taking longer to earn baccalaureate degrees now than ever before, but little is known about institutional factors that may contribute to this trend. In this paper we investigate an important institutional constraint—course scarcity—that we hypothesize may be associated with increased time to degree. We employ a unique administrative dataset from a large, moderately selective, public institution and use an instrumental variables approach, identifying off the random registration times assigned to students. Results suggest that course scarcity does not delay students’ graduation. We explore alternative explanations for our findings and discuss a variety of other factors correlated with time to baccalaureate completion. |
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| Keywords: | Higher education Time to degree Instrumental variables |
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