Who Values Access to College?

Kartik Athreya, Felicia Ionescu (), Urvi Neelakantan and Ivan Vidangos
Additional contact information
Ivan Vidangos: https://www.federalreserve.gov/econres/ivan-vidangos.htm

Richmond Fed Economic Brief, 2020, issue 20-03, 5

Abstract: A quantitative model of college enrollment suggests that the value of college access varies greatly across individuals. Forty percent place no value on the option to attend despite large public subsidies, while 25 percent would enroll even without the subsidies. In the model, redirecting public funds from those who attend college irrespective of subsidies to those who don’t attend even with subsidies both preserves college enrollment and improves overall outcomes. While these two groups are clearly visible only in the model, and not in the data, this analysis suggests that more-targeted policies have potential.

Keywords: enrollment; college; university; college-value (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.richmondfed.org/publications/research/economic_brief/2020/eb_20-03 Full Text (text/html)

Related works:
Journal Article: Who Values Access to College? (2020)
Working Paper: Who Values Access to College? (2019)
Working Paper: Who Values Access to College? (2019)
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: https://EconPapers.repec.org/RePEc:fip:fedreb:88292

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Richmond Fed Economic Brief from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Christian Pascasio ().