Friends don’t let friends drop out
John M. Krieg,
Darius Martin and
Adam C. Wright
Education Economics, 2024, vol. 32, issue 2, 121-140
Abstract:
We combine administrative data from a regional public university with a novel revealed-preference indicator of student friendships to show that socially connected first-year university students are more likely to be retained into their second year. The impact of friends on retention is statistically and economically significant: each friend raises the probability of retention by about 0.6 percentage points, an effect size roughly equivalent to 66 SAT points. This effect occurs in the presence of a robust set of explanatory variables, including unique indicators of a student’s prior commitment to the university, and applies to wide variety of student subgroups.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:taf:edecon:v:32:y:2024:i:2:p:121-140
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DOI: 10.1080/09645292.2023.2196006
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