Do two-year colleges increase overall educational attainment? Evidence from the states

Cecilia Elena Rouse
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Cecilia Elena Rouse: Economics and Public Affairs, Princeton University, Postal: Economics and Public Affairs, Princeton University

Journal of Policy Analysis and Management, 1998, vol. 17, issue 4, 595-620

Abstract: Are two- or four-year colleges more efficient at increasing the educational attainment of young adults? I use state variation in two- and four-year college systems to address this question at the state level. I find that the composition and cost of higher education in a state affect the enrollment decisions of individuals in that state. Further, attending a two-year rather than a four-year college may lower the educational attainment of some students, but more students will benefit from the community college alternative. It also most likely costs the state more to educate a student in a four-year rather than a two-year college. As a result, community colleges provide a potentially efficient way to increase access to higher education as well as increase the overall educational attainment of a state's residents.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jpamgt:v:17:y:1998:i:4:p:595-620

DOI: 10.1002/(SICI)1520-6688(199823)17:4<595::AID-PAM1>3.0.CO;2-5

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