Economics at your fingertips  

Promise scholarship programs as place-making policy: Evidence from school enrollment and housing prices

Michael LeGower and Randall Walsh ()

Journal of Urban Economics, 2017, vol. 101, issue C, 74-89

Abstract: Place-based “Promise” scholarship programs—which guarantee financial aid for qualifying graduates of a school district—have proliferated in recent years. Using data from multiple sites, we compare the evolution of school enrollment and residential real estate prices around program announcement dates within Promise-eligible and surrounding areas. While our estimates indicate that enrollment increased following Promise announcements, merit-based programs generated relative increases in white enrollment. Housing prices respond strongly in neighborhoods with better primary schools and in the upper half of the housing price distribution. We conclude that these programs have important and under-studied distributional considerations.

Keywords: Education; Promise Programs; Place-based Scholarship Programs (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Promise Scholarship Programs as Place-Making Policy: Evidence from School Enrollment and Housing Prices (2014) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Journal of Urban Economics is currently edited by S.S. Rosenthal and W.C. Strange

More articles in Journal of Urban Economics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-10-17
Handle: RePEc:eee:juecon:v:101:y:2017:i:c:p:74-89