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The cost of attending an elite college

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  • Song, Hong

Abstract

While the benefits of attending an elite school have been well documented, few studies focus on the “cost” of attending an elite school. Using a regression discontinuity design strategy, we find that attending an elite college substantially increases the mental stress and reduces self-esteem and confidence for the marginal students whose test score is just qualified for admission.

Suggested Citation

  • Song, Hong, 2017. "The cost of attending an elite college," Economics Letters, Elsevier, vol. 159(C), pages 173-176.
    • Handle: RePEc:eee:ecolet:v:159:y:2017:i:c:p:173-176
    DOI: 10.1016/j.econlet.2017.07.029
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    References listed on IDEAS

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    1. Jeffrey R Kling & Jeffrey B Liebman & Lawrence F Katz, 2007. "Experimental Analysis of Neighborhood Effects," Econometrica, Econometric Society, vol. 75(1), pages 83-119, January.
    2. C. Kirabo Jackson, 2010. "Do Students Benefit from Attending Better Schools? Evidence from Rule-based Student Assignments in Trinidad and Tobago," Economic Journal, Royal Economic Society, vol. 120(549), pages 1399-1429, December.
    3. David Card & Laura Giuliano, 2016. "Can Tracking Raise the Test Scores of High-Ability Minority Students?," American Economic Review, American Economic Association, vol. 106(10), pages 2783-2816, October.
    4. Cristian Pop-Eleches & Miguel Urquiola, 2013. "Going to a Better School: Effects and Behavioral Responses," American Economic Review, American Economic Association, vol. 103(4), pages 1289-1324, June.
    5. Lee, David S. & Card, David, 2008. "Regression discontinuity inference with specification error," Journal of Econometrics, Elsevier, vol. 142(2), pages 655-674, February.
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    Cited by:

    1. Marcus, Jan & Reif, Simon & Wuppermann, Amelie & Rouche, Amélie, 2020. "Increased instruction time and stress-related health problems among school children," Journal of Health Economics, Elsevier, vol. 70(C).

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    More about this item

    Keywords

    Elite college; Education; Mental stress; Regression discontinuity;
    All these keywords.

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality

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