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The cost of attending an elite college

Hong Song

Economics Letters, 2017, vol. 159, issue C, 173-176

Abstract: While the benefits of attending an elite school have been well documented, few studies focus on the “cost” of attending an elite school. Using a regression discontinuity design strategy, we find that attending an elite college substantially increases the mental stress and reduces self-esteem and confidence for the marginal students whose test score is just qualified for admission.

Keywords: Elite college; Education; Mental stress; Regression discontinuity (search for similar items in EconPapers)
JEL-codes: I20 I24 (search for similar items in EconPapers)
Date: 2017
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