ERIC Number: EJ1216078
Record Type: Journal
Publication Date: 2015
Pages: 15
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0022-2984
EISSN: N/A
The Price Elasticity of Freshman Enrollment Demand at a Historically Black College for Males: Implications for the Design of Tuition and Financial Aid Pricing Schemes That Maximize Black Male College Access
Price, Gregory; Sheftall, Willis
Journal of Negro Education, v84 n4 p578-592 Fall 2015
This article explores how responsive freshman enrollment demand is to changes in the price of enrollment at a selective private all-male historically Black college. With post-admission administrative data on newly admitted freshmen for the 2009-2010 academic year, the authors use a count data estimator to calculate the responsiveness of course hours taken to changes in tuition and household income at the intensive margin. The results reveal that student course hour enrollment-- which translate into measures of official full-time equivalent enrollment--is inelastic with respect to price and elastic with respect to household income. The intensive margin enrollment price elasticity estimates also support a high tuition/high financial aid pricing scheme that uses tuition revenue to cross-subsidize the price of enrollment for financially needy students, which maximizes college access for Black males.
Descriptors: College Freshmen, Enrollment, Black Colleges, African American Students, Males, Single Sex Colleges, Student Financial Aid, Tuition, Access to Education
Howard University School of Education. 2900 Van Ness Street NW, Washington, DC 20008. Tel: 202-806-8120; Fax: 202-806-8434; e-mail: journalnegroed@gmail.com; Web site: http://www.journalnegroed.org
Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Georgia (Atlanta)
Grant or Contract Numbers: N/A