State Merit-Aid Programs and College Major: A Focus on STEM

David Sjoquist and John Winters

No 1406, Economics Working Paper Series from Oklahoma State University, Department of Economics and Legal Studies in Business

Abstract: Since 1991 more than two dozen states have adopted merit-based student financial aid programs, intended at least in part to increase the stock of human capital by improving the knowledge and skills of the state’s workforce. At the same time, there has been growing concern that the U.S. is producing too few college graduates in science, technology, engineering, and mathematics (STEM) fields. Using micro data from the American Community Survey this paper examines whether recently adopted state merit-aid programs have affected college major decisions, with a focus on STEM fields. We find consistent evidence that state merit programs did in fact reduce the likelihood that a young person in the state will earn a STEM degree.

Pages: 45 pages
Date: 2013-08, Revised 2014-02
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Citations: View citations in EconPapers (5)

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Related works:
Journal Article: State Merit Aid Programs and College Major: A Focus on STEM (2015)
Working Paper: State Merit-Aid Programs and College Major: A Focus on STEM (2013)
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