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Increasing Time to Baccalaureate Degree in the United States

John Bound, Michael Lovenheim () and Sarah Turner ()

Education Finance and Policy, 2012, vol. 7, issue 4, 375-424

Abstract: Time to completion of the baccalaureate degree has increased markedly in the United States over the past three decades. Using data from the National Longitudinal Survey of the High School Class of 1972 and the National Educational Longitudinal Study of 1988, we show that the increase in time to degree is localized among those who begin their postsecondary education at public colleges outside the most selective universities. We consider several potential explanations for these trends. First, we show that changes in the college preparedness and the demographic composition of degree recipients cannot account for the observed increases. Instead, our results identify declines in collegiate resources in the less selective public sector and increases in student employment as potential explanations for the observed increases in time to degree. © 2012 Association for Education Finance and Policy

Keywords: baccalaureate degree; postsecondary education; colleges; universities (search for similar items in EconPapers)
JEL-codes: I21 I22 I23 (search for similar items in EconPapers)
Date: 2012
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Working Paper: Increasing Time to Baccalaureate Degree in the United States (2010) Downloads
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