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College Access and Intergenerational Mobility

Lutz Hendricks, Tatyana Koreshkova and Oksana Leukhina

No 2024-030, Working Papers from Federal Reserve Bank of St. Louis

Abstract: This paper studies how college admissions preferences for low income students affect intergenerational earnings mobility. We develop a quantitative model of college choice with quality differentiated colleges. We find that admissions preferences substantially increase low income enrollment in top quality colleges and intergenerational earnings mobility. The associated losses of aggregate earnings are very small.

Keywords: college quality; human capital; intergenerational mobility; income-based admissions (search for similar items in EconPapers)
JEL-codes: I23 I26 J24 J31 (search for similar items in EconPapers)
Pages: 65 pages
Date: 2024-09-13
New Economics Papers: this item is included in nep-dge and nep-lma
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlwp:98881

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DOI: 10.20955/wp.2024.030

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