The cost of attending an elite college
Economics Letters, 2017, vol. 159, issue C, 173-176
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)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:159:y:2017:i:c:p:173-176
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