ERIC Number: ED246805
Record Type: RIE
Publication Date: 1982
Reference Count: 0
A Review and Introduction to Higher Education Price Response Studies. Working Paper Series.
Chisholm, Mark; Cohen, Bethaviva
Background information needed to understand the literature on the impact of price on college attendance (i.e. price-response literature) is provided. After briefly introducing price theory and its use in demand studies in higher education, the major expository articles are reviewed, and major analytical methods used by researchers are examined. Examples from studies that typify these approaches are included, and important facts learned from the literature are summarized. Whether the research was done with multiple regression or with conditional logit analysis, price was seen as an important factor influencing student demand; as price goes up, demand falls. The effect of price varies, however, depending on both the type of student and type of institution. Other factors, such as student's sex, can moderate the effect of price on student demand. Price was significant in explaining female full-time-equivalent enrollment. The impact of a price change affects students differentially depending on their income and ability levels. The impact also differs across types of institutions. Attention is directed to use of the following analysis techniques: regression analyses with different demand functions, linear probability models, and logit analysis. (SW)
Descriptors: College Attendance, Economic Factors, Educational Demand, Enrollment Influences, Higher Education, Institutional Characteristics, Institutional Research, Literature Reviews, Predictor Variables, Statistical Analysis, Student Characteristics, Student Costs, Tuition
National Center for Higher Education Management Systems, P.O. Drawer P, Boulder, CO 80302 ($4.00).
Publication Type: Information Analyses
Education Level: N/A
Sponsor: National Inst. of Education (ED), Washington, DC. Educational Policy and Organization Program.
Authoring Institution: National Center for Higher Education Management Systems, Boulder, CO.