CHI TIẾT NGHIÊN CỨU …

Tiêu đề

The effect of the financial aid package on the choice of a selective college

Tác giả

Moore R.L.; Studenmund A.H.; Slobko T.

Năm xuất bản

1991

Source title

Economics of Education Review

Số trích dẫn

DOI

10.1016/0272-7757(91)90021-G

Liên kết

https://www.scopus.com/inward/record.uri?eid=2-s2.0-0000420537&doi=10.1016%2f0272-7757%2891%2990021-G&partnerID=40&md5=19fd07f3d622307540fd60b72c31a843

Tóm tắt

This paper examines the effects of financial aid on the decision to attend a selective liberal arts college using data obtained from applicants accepted to Occidental College in 1989. Patterned after a similar empirical investigation by Ehrenberg and Sherman for accepted freshmen at Cornell in 1981, logit probabilities of enrollment equations are estimated based on (1) observable characteristics of the individual students, (2) the net costs of attending Occidental and the various alternative colleges under consideration (including the financial aid packages offered) and (3) other characteristics of these alternative colleges. The results, like Ehrenberg and Sherman's, indicate that relative tuition and scholarships affect the probability of enrollment for financial aid applicants, but that loans and work study assistance have no statistically significant effect. Non-financial aid applicants - a group not investigated by Ehrenberg and Sherman - are much less sensitive to relative cost considerations. © 1991.

Từ khóa

Tài liệu tham khảo

College Board, Trends in Student Aid: 1980 to 1989, (1989); College Board, College Handbook, 1988–1989, (1989); Ehrenberg, Sherman, Optimal financial aid policies for a selective university, The Journal of Human Resources, 19, pp. 202-230, (1984); Leslie, Brinkman, The Economic Value of Higher Education, (1988); Manski, Wise, College Choice in America, (1983); Miller, College admissions and financial aid policies as revealed by institutional practices, Economic Inquiry, 19, pp. 117-131, (1981)