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Archive for the ‘Economics’ Category

DOES THE FORMAT OF A FINANCIAL AID PROGRAM MATTER? THE EFFECT OF STATE IN-KIND TUITION SUBSIDIES

This paper examines the importance of format in aid programs, focusing on state appropriations to public postsecondary institutions. These funds subsidize costs for in-state students, but they may also influence choices between institutions due to their in-kind format. Using the conditional logistic choice model and extensive match-specific information, the paper approximates the choice between nearly […]

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NATIONAL CENTER FOR EDUCATION STATISTICS: Study of College Costs and Prices, 1988 – 89 to 1997 – 98

Commissioned Papers: David W. Breneman: An Essay on College Costs D. Bruce Johnstone: Higher Education and Those “Out of Control Costs” Dennis P. Jones: Cost Analysis and the Formulation of Public Policy Lucie Lapovsky: Institutional Financial Health: Tuition Discounting and Enrollment Management Michael McPherson and Morton Owen Schapiro: Issues of Cost and Price in Higher […]

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THE U.S. MARKET FOR HIGHER EDUCATION: A GENERAL EQUILIBRIUM ANALYSIS OF STATE AND PRIVATE COLLEGES AND PUBLIC FUNDING POLICIES

We develop a general equilibrium model of the market for undergraduate higher education that captures the coexistence of public and private colleges, the large degree of quality differentiation among them, and the tuition and admission policies that emerge from their competition for students. The calibrated version of the model matches well the aggregate characteristics of […]

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Tuition Discounting: Institutional Aid Patterns at Public and Private Colleges and Universities

Recent data from the College Board’s Annual Survey of Colleges reveal significant variation in institutional aid patterns among colleges and universities. The undergraduate tuition discount rate — the ratio of institutional grant aid to published tuition and fee charges — is higher at private institutions than at public institutions, but there are also notable differences […]

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Students’ Futures as Investments: The Promise and Challenges of Income-Share Agreements. AEI Series on Private Financing in Higher Education

Income-share agreements (ISAs) are an emerging idea for helping students pay for college. Under an ISA, investors provide upfront sums of money toward students’ college tuition and other associated costs in exchange for a fixed percentage of the recipients’ earnings after graduation. An ISA can take different forms. Some are philanthropic, meaning that successive groups […]

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A Failing Grade: “High-Tuition/High-Aid”

*At the University of Michigan-Ann Arbor, student demographics have changed significantly since the university switched to high-tuition/high-aid, trending toward fewer low-income students and under- representation of minority students. *The University of Miami-Ohio saw sticker shock in action one year after switching to a high- tuition/high-aid model in 2004. The school experienced a record 13% drop […]

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UNC Analysis of High Tuition/ High Aid Model

HIGH TUITION/HIGH AID: CLASSIC ARGUMENTS PRO: 1. Increasing tuition is good public policy 2. States charge students less than what it actually costs to educate a student 3. This creates a subsidy for students regardless of need or family ability to pay 4.This is: a)Inefficient – because a large number of students and families who […]

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Source: http://library.providence.edu/fhertr/index.php/category/economics/