Reported Progress under the Student Right-to-Know Act: How Reliable is It?

Leslie Stratton and James Wetzel ()

No 804, Working Papers from VCU School of Business, Department of Economics

Abstract: The Student Right-to-Know Act requires colleges to provide institution-specific information on graduation rates for students initially enrolling full-time in the fall term. Not all students enroll in that fashion, especially at two-year institutions. We use data on degree-seeking students from the 1996/2001 Beginning Post-Secondary Survey to identify students for whom statistics are and are not reportable under the Act and to track their progress. Results indicate the published progress rates are substantially higher than the progress rates for the non-reportable populations, whether students enter a two-year or a four-year institution. While progress rates for the two samples are significantly correlated within four-year institutions, they are not within two-year institutions. For those beginning at two-year institutions, the progress rates reported under the Student Right-to-Know Act are indicative of neither their absolute nor their relative (cross-institution) probability of success. Policy makers and prospective students will not make efficient decisions without better information.

Keywords: Efficiency; Resource Allocation; Graduation (search for similar items in EconPapers)
JEL-codes: I28 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2008-05
New Economics Papers: this item is included in nep-edu
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Forthcoming in the AIR Professional File

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http://www.people.vcu.edu/~okorenok/StrattonWetzelRTKMay2008.pdf Final version (application/pdf)

Related works:
Working Paper: Reported Progress under the Student Right-to-Know Act: How Reliable Is It? (2006)
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