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ERIC Number: EJ1129378
Record Type: Journal
Publication Date: 2017-Mar
Pages: 25
Abstractor: As Provided
ISSN: ISSN-0042-0972
The Effects of the Great Recession on Educational Attainment: Evidence from a Large Urban High School District
Mordechay, Kfir
Urban Review: Issues and Ideas in Public Education, v49 n1 p47-71 Mar 2017
Economic crises are a recurrent phenomenon in American society, yet there is little knowledge of the impacts on educational opportunity. Using data from a large high school district as a case study, this research explores the impact of the Great Recession (2007-2009) on high school senior graduation rates in an area at the epicenter of the Recession. A logistic regression model with cluster robust standard errors is developed to estimate the recession's impact on student subgroups' graduation rates between the periods 2004-2013 for maximum variation. Results show that students who are historically "at-risk" experienced significant declines in graduation rates at the beginning of the recession in 2008. The decline is followed by a steep increase in graduation rates beginning in 2009, largely driven by increases for the most disadvantaged groups. These results suggest that the recession created a counter-cyclical demand for education.
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Publication Type: Journal Articles; Reports - Research
Education Level: High Schools; Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A