Essays on the Economics of Education

Essays on the Economics of Education

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Part II. Strains on the Federal budget have created worries that Federal funding of aid for higher education will fall in the future. If this happens, state governments will need to try to re-allocate their higher education spending more efficiently. One possible way to do this would be to shift funding away from public provision towards demand-side subsidies so that more students could attend private colleges. However, this will only work if private colleges provide benefits to students over public. In order to answer this question, I use highly detailed and rich data sets to assess whether there are benefits to attending private colleges over public ones. For males the wage return is small and statistically insignificant during their twenties but statistically significant at around 11 percentage points by their mid-thirties. For females the wage returns are negative and statistically insignificant. Both males and females exhibit increases in the likelihood of finishing a bachelor's degree.... cut funding for financial aid. In fact, the 2007 Presidenta#39;s Budget proposed cutting Pell Grants by 27%. In the expectation that less Federal spending for higher education will be forthcoming, state governments will need to distribute 6 0 4 6 0 8anbsp;...

Title:Essays on the Economics of Education
Publisher:ProQuest - 2007


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