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ERIC Number: EJ805166
Record Type: Journal
Publication Date: 2008
Pages: 35
Abstractor: As Provided
Reference Count: 54
ISBN: N/A
ISSN: ISSN-0022-166X
Building the Stock of College-Educated Labor
Dynarski, Susan
Journal of Human Resources, v43 n3 p576-610 2008
Half of college students drop out without completing a degree. This paper establishes a causal link between college costs and degree completion. I use quasi-experimental methodology to analyze two state scholarship programs. The programs increase the share of the exposed population with a college degree by three percentage points, with stronger effects among women. A cost-benefit analysis indicates that the programs are socially efficient at rates of return to schooling as low as 5 percent. Even with the offer of free tuition, many students continue to drop out, suggesting tuition costs are not the only impediment to college completion. (Contains 9 tables, 3 figures and 35 footnotes.)
University of Wisconsin Press. 1930 Monroe Street, Madison, WI 53711-2059. Tel: 608-263-0668; Fax: 608-263-1173; e-mail: journals@uwpress.wisc.edu; Web site: http://www.wisc.edu/wisconsinpress/journals
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
IES Cited: ED525088