Free University? An Investigation of Australia’s 1974 Free Higher Education Policy and Its Impact on Enrollment, Degree Completion, Later-Life Occupational Status, and Income
by Yaxuan “Annie” Cui Abstract To what extent has the free higher education policy of 1974 impacted Australian students’ decisions of university enrollment, degree completion, and later-life human capital development? In this paper, I analyze the impact of the policy from both national descriptive statistics and individual-level enrollment and degree completion decisions using the Australian […]
Predictors of Student Loan Repayments: A Comparison Between Public, Private For-Profit and Private Nonprofit Schools
by Mannat Bakshi and Arjun Ahluwalia Abstract Using a sample of over 3,500 colleges from the College Scorecard Dataset , we investigate the association of average federal student loan repayment rates with institutional, regional, and student demographic characteristics of colleges. We consider educational cohorts from 2010 to 2016 at public, private for-profit, and private non-profit […]
Analyzing Student and Family-Level Effects on a Family’s Contributions to Fund a College Education
By Justin T. Rosenblum and John H. Zipf We investigate the efficiency of the current financial aid system for prospective college students. The Free Application for Federal Student Aid (FAFSA) form reviews a family’s financial information and universities review a student’s academic prowess, but neither fully examines students and their family’s qualitative factors such as […]
Benefit Spillovers and Higher Education Financing: An Empirical Analysis of Brain Drain and State-Level Investment in Public Universities
By Chinmany G. Pandit This paper analyzes the impact of out-migration of college graduates on state higher education investment. A three-stage least squares regression model with state and year fixed effects is developed and estimated, addressing the relationship between state legislative appropriations, tuition, and educated out-migration across 49 U.S. states from 2006-2015. The results support […]
