IDEAS home Printed from https://ideas.repec.org/a/sae/pubfin/v7y1979i3p368-380.html
   My bibliography  Save this article

A Model of College Selection

Author

Listed:
  • Sophie Korczyk

    (Congressional Budget Office)

Abstract

This article presents a policy-oriented microeconomics model of college selection by undergraduates. The data base is detailed information on 1,008 college students. College choice is explained as demand for a multifaceted commodity bundle which is the institution. Demand is a function of the student's ability, family income, and the prices and aid offers of the schools in the student's opportunity set. The sample was stratified by income class to lest for the stability of coefficients across income groups. The model yields predictions concerning the effects of recent federal legislation and of the Carter educational finance initiative on college attendance. Direct student aid is found to be far less effective than price cuts in increasing the range of schools financially accessible to lower- and middle-income students.

Suggested Citation

  • Sophie Korczyk, 1979. "A Model of College Selection," Public Finance Review, , vol. 7(3), pages 368-380, July.
    • Handle: RePEc:sae:pubfin:v:7:y:1979:i:3:p:368-380
    DOI: 10.1177/109114217900700308
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/109114217900700308
    Download Restriction: no
    File URL: https://libkey.io/10.1177/109114217900700308?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Arthur J. Corazzini & Dennis J. Dugan & Henry G. Grabowski, 1972. "Determinants and Distributional Aspects of Enrollment in U.S. Higher Education," Journal of Human Resources, University of Wisconsin Press, vol. 7(1), pages 39-59.
    2. Hopkins, Thomas D, 1974. "Higher Education Enrollment Demand," Economic Inquiry, Western Economic Association International, vol. 12(1), pages 53-65, March.
    3. Fisher, Franklin M, 1970. "Tests of Equality Between Sets of Coefficients in Two Linear Regressions: An Expository Note," Econometrica, Econometric Society, vol. 38(2), pages 361-366, March.
    4. Wise, David A, 1975. "Academic Achievement and Job Performance," American Economic Review, American Economic Association, vol. 65(3), pages 350-366, June.
    5. Hoenack, Stephen A, 1971. "The Efficient Allocation of Subsidies to College Students," American Economic Review, American Economic Association, vol. 61(3), pages 302-311, June.
    6. Galper, Harvey & Dunn, Robert M, Jr, 1969. "A Short-Run Demand Function for Higher Education in the United States," Journal of Political Economy, University of Chicago Press, vol. 77(5), pages 765-777, Sept./Oct.
    7. Radner, Roy & Miller, L S, 1970. "Demand and Supply in U. S. Higher Education: A Progress Report," American Economic Review, American Economic Association, vol. 60(2), pages 326-334, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wohlgemuth, Darin Ray, 1997. "Individual and aggregate demand for higher education: the role of strategic scholarships," ISU General Staff Papers 1997010108000012571, Iowa State University, Department of Economics.
    2. Havranek, Tomas & Irsova, Zuzana & Zeynalova, Olesia, 2017. "Tuition Reduces Enrollment Less Than Commonly Thought," MPRA Paper 78813, University Library of Munich, Germany.
    3. Jean Perrot, 1991. "Les dépenses publiques pour l'enseignement universitaire et le taux de rendement fiscal : le cas de la France," Revue Économique, Programme National Persée, vol. 42(1), pages 111-132.
    4. Holtkamp, Janice McClung, 1994. "States' support of higher education: A theoretical and empirical analysis," ISU General Staff Papers 1994010108000012264, Iowa State University, Department of Economics.
    5. Bijan Vasigh & Reza Hamzaee, 2004. "Testing sensitivity of student enrollment with respect to tuition at an institution of higher education," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 10(2), pages 133-149, May.
    6. Odin K. Knudsen & Paul J. Servelle, 1978. "The Demand for Higher Education at Private Institutions of Moderate Selectivity," The American Economist, Sage Publications, vol. 22(2), pages 30-34, October.
    7. Thompson, Fred & Zumeta, William, 2001. "Effects of key state policies on private colleges and universities: sustaining private-sector capacity in the face of the higher education access challenge," Economics of Education Review, Elsevier, vol. 20(6), pages 517-531, December.
    8. repec:eee:labchp:v:1:y:1986:i:c:p:357-386 is not listed on IDEAS
    9. Donald Frey & Elmore Alexander, 1976. "Junior Colleges and the Demand for Education: Theory and Evidence," Eastern Economic Journal, Eastern Economic Association, vol. 3(1), pages 30-36, January.
    10. Duchesne, I. & Nonneman, W., 1998. "The Demand for Higher Education in Belgium," Economics of Education Review, Elsevier, vol. 17(2), pages 211-218, April.
    11. Eugenio Bobenrieth & Carlos Cáceres, 1993. "Determinantes del Salario de los Egresados de la Enseñanza Media Técnico Profesional en Chile," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 30(89), pages 111-130.
    12. Carlos Vieira & Isabel Vieira, 2009. "Student based funding in higher education systems with declining and uncertain enrolments: the Portuguese case," CEFAGE-UE Working Papers 2009_02, University of Evora, CEFAGE-UE (Portugal).
    13. Farley Ordovensky, J., 1995. "Effects of institutional attributes on enrollment choice: Implications for postsecondary vocational education," Economics of Education Review, Elsevier, vol. 14(4), pages 335-350, December.
    14. Meir G. Kohn & Charles F. Manski & David S. Mundel, 1976. "An Empirical Investigation of Factors Which Influence College-Going Behavior," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 5, number 4, pages 391-419, National Bureau of Economic Research, Inc.
    15. MacKinnon, J G, 1989. "Heteroskedasticity-Robust Tests for Structural Change," Empirical Economics, Springer, vol. 14(2), pages 77-92.
    16. Hany Shawky & Ronald Forbes & Alan Frankle, 1983. "Liquidity Services and Capital Market Equilibrium: The Case for Money Market Mutual Funds," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 6(2), pages 141-152, June.
    17. Carlos Cáceres & Carlos Chávez, 1995. "El Programa de Becas de Arancel Universitario MINEDUC: Antecedentes para una Evaluación," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 32(96), pages 165-198.
    18. M. C. Navarro-Perez & J. M. Serrano-Sanz, 2002. "Evaluating Educational Output: An Estimation Method Based on Cross-Section Data," Education Economics, Taylor & Francis Journals, vol. 10(1), pages 71-95.
    19. Koshala, Rajindar K. & Koshal, Manjulika & Boyd, Roy G. & Rachmany, Hasan, 1999. "Demand for kerosene in developing countries: A case of Indonesia," Journal of Asian Economics, Elsevier, vol. 10(2), pages 329-336.
    20. Ericsson, Neil R., 1992. "Parameter constancy, mean square forecast errors, and measuring forecast performance: An exposition, extensions, and illustration," Journal of Policy Modeling, Elsevier, vol. 14(4), pages 465-495, August.
    21. David L. Mengle, 1985. "The effect of second generation rent controls on the quality of rental housing," Working Paper 85-05, Federal Reserve Bank of Richmond.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:pubfin:v:7:y:1979:i:3:p:368-380. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.