College Cost and Time to Complete a Degree: Evidence from Tuition Discontinuities

Pietro Garibaldi, Francesco Giavazzi, Andrea Ichino and Enrico Rettore
Additional contact information
Francesco Giavazzi: Bocconi University, MIT, NBER, and CEPR

The Review of Economics and Statistics, 2012, vol. 94, issue 3, 699-711

Abstract: University tuition typically remains constant throughout the years of enrollment while delayed degree completion is increasingly a problem for academic institutions around the world. Theory suggests that if continuation tuition were raised, the probability of late graduation would be reduced. Using a regression discontinuity design on data from Bocconi University in Italy, we show that a 1,000 euro increase in continuation tuition reduces the probability of late graduation by 5.2% when the benchmark probability is 80%. This decline is not associated with an increase in the dropout rate or a fall in the quality of students performance. © 2012 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Keywords: tuition; students’ performance; regression discontinuity (search for similar items in EconPapers)
JEL-codes: C31 I20 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (99)

Downloads: (external link)
http://www.mitpressjournals.org/doi/pdf/10.1162/REST_a_00195 link to full text PDF (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: College cost and time to complete a degree: Evidence from tuition discontinuities (2009)
Working Paper: College Cost and Time to Complete a Degree: Evidence from Tuition Discontinuities (2007)
Working Paper: College Cost and Time to Complete a Degree: Evidence from Tuition Discontinuities (2007)
Working Paper: College Cost and Time to Complete a Degree: Evidence from Tuition Discontinuities (2007)
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:tpr:restat:v:94:y:2012:i:3:p:699-711

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=0034-6535

Access Statistics for this article

The Review of Economics and Statistics is currently edited by Pierre Azoulay, Olivier Coibion, Will Dobbie, Raymond Fisman, Benjamin R. Handel, Brian A. Jacob, Kareen Rozen, Xiaoxia Shi, Tavneet Suri and Yi Xu

More articles in The Review of Economics and Statistics from MIT Press
Bibliographic data for series maintained by The MIT Press ().