Asymmetric effects of housing wealth on college enrolment

Meagan McCollum and Gregory Upton

Applied Economics Letters, 2018, vol. 25, issue 3, 201-205

Abstract: We investigate the impact of housing wealth, credit availability and financial distress on college enrolment decisions. We find that housing wealth is negatively related to enrolment in public schools and positively related to enrolment in private schools. This evidence suggests that, on average, students substituted away from private schools towards public institutions during the recent financial crisis.

Date: 2018
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DOI: 10.1080/13504851.2017.1310989

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