Chapter 24 US Higher Education Finance

McPherson, Michael S.; Schapiro, Morton Owen

doi:10.1016/s1574-0692(06)02024-1

Cited by 16 publications

(26 citation statements)

References 22 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Only college graduates receive an educational premium on their earnings. More able students also need to pay less for tuition, as documented by McPherson and Schapiro (2006). Consistent with the US system of college financing, I also assume that the direct cost of tuition a student faces are negatively correlated with family resources: students from rich families pay more tuition than students from poor families.…”

mentioning

confidence: 98%

“…A 100 point difference in the SAT increases (need-based) grant aid between 500 and 2300 Dollars (in prices of 1996) over the course of a college career (McPherson and Schapiro (2006)). Private institutions typically have 15 As I will outline in the calibration procedure (see Section 5) the share of students with negative cost of college turns out to be below 1 percent, which is in line with the fraction of students that receive generous grants.…”

mentioning

confidence: 99%

“…Attracting students with higher levels of measured quality is also important for an institution's reputation, see McPherson and Schapiro (2006).…”

mentioning

confidence: 99%

“…17 McPherson and Schapiro (2006) write: "Normal practice at American colleges is to present a prospective student with a "package" of aid, generally including some combination of federal, state and institutional grant, a recommended loan, and a work-study job. [.…”

mentioning

confidence: 99%

“…And this can happen without any of the dollars being labeled "merit" dollars. (McPherson and Schapiro (2006, pp. 1412-1413.…”

mentioning

confidence: 99%

See 4 more Smart Citations

Accounting for the Changing Role of Family Income in Determining College Entry

Winter

2011

SSRN Journal

View full text Add to dashboard Cite

In recent decades, the US has experienced a widening of the college enrolment gap between rich and poor families. This is commonly interpreted as evidence for a tightening of borrowing constraints. This paper asks whether this is indeed the case.I present an incomplete-markets overlapping-generations model with college enrolment, in which altruistic parents provide transfers to their children. In the model the rise in earnings inequality observed between 1980 and 2000 acts as the driving force for generating the trends in the data. With the help of counterfactual experiments, I find that fraction of constrained households is much higher (24 instead of 8 percent) than indicated by the narrow enrolment gap in 1980. Contrary to what the development of the enrolment gap in the data suggests, the share of constrained households actually fell (to 18 percent) between 1980 and 2000. I show that altruism is important for explaining these findings.

show abstract

mentioning

confidence: 98%

mentioning

confidence: 99%

“…Attracting students with higher levels of measured quality is also important for an institution's reputation, see McPherson and Schapiro (2006).…”

mentioning

confidence: 99%

mentioning

confidence: 99%

“…And this can happen without any of the dollars being labeled "merit" dollars. (McPherson and Schapiro (2006, pp. 1412-1413.…”

mentioning

confidence: 99%

See 3 more Smart Citations

Accounting for the Changing Role of Family Income in Determining College Entry

Winter

2011

SSRN Journal

View full text Add to dashboard Cite

show abstract

Strategies for widening access in a quasi-market higher education environment: recent developments in Canada

Kirby

2010

High Educ

View full text Add to dashboard Cite

Under the Canadian constitution, authority over all levels of education, including higher education, rests with each of the individual provinces and territories. Although Canada has one of the highest levels of per capita educational attainment in the world, student access continues to be one of the most dominant policy areas in Canadian higher education. In recent years, a number of significant access policy reforms have been put in place by governments at the national and provincial levels. These initiatives are demonstrative of the continued and growing influence of marketization in Canada's quasimarket system. This analysis provides some insight into these recent reforms and the influence that market principles have come to have in Canadian policies on both the supply-side and the demand-side of the country's higher education sector.

show abstract

Tuition Discounting for Revenue Management

Hillman

2011

Res High Educ

View full text Add to dashboard Cite

Chapter 24 US Higher Education Finance

Cited by 16 publications

References 22 publications

Accounting for the Changing Role of Family Income in Determining College Entry

Accounting for the Changing Role of Family Income in Determining College Entry

Strategies for widening access in a quasi-market higher education environment: recent developments in Canada

Tuition Discounting for Revenue Management

Contact Info

Product

Resources

About