Tuition and enrollment yield at selective liberal arts colleges
Parker J.; Summers J.
1993
Economics of Education Review
25
10.1016/0272-7757(93)90065-O
This paper investigates the effect of changes in tuition and fees on the matriculation rate of applicants admitted to a group of selective liberal arts colleges. Our sample is drawn from a detailed data base for 82 liberal arts colleges over the 1988 to 1990 period, compiled by the Higher Education Data Sharing (HEDS) Consortium. We find that an increase in the level of tuition and fees charged by a college causes d significant reduction in the share of admitted applicants who choose to enroll. The elasticity of this relationship is in the neighborhood of one-third, and is somewhat larger for financial aid recipients than for students who did not apply for or did not qualify for aid. © 1993.
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