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Affordability: Family Incomes and Net Prices at Highly Selective Private Colleges and Universities

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  • Catharine B. Hill
  • Gordon C. Winston
  • Stephanie A. Boyd

Abstract

Working from the financial aid records of individual students at 28 highly selective private colleges and universities, we were able to calculate both the price the low-income students at these schools actually pay for a year’s education, net of financial aid grants, and how the schools differentiate net price in recognition of their students’ different family incomes - their pricing policies.

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File URL: http://jhr.uwpress.org/cgi/reprint/XL/4/769
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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Journal of Human Resources.

Volume (Year): 40 (2005)
Issue (Month): 4 ()
Pages: 769-790

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Handle: RePEc:uwp:jhriss:v:40:y:2005:i:4:p:769-790

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  1. Ronald G. Ehrenberg & Daniel R. Sherman, 1984. "Optimal Financial Aid Policies for a Selective University," NBER Working Papers 1014, National Bureau of Economic Research, Inc.
  2. Richard Steinberg & Burton A. Weisbrod, . "Pricing and Rationing by Nonprofit Organizations with Distributional Objectives," IPR working papers, Institute for Policy Resarch at Northwestern University 97-28, Institute for Policy Resarch at Northwestern University.
  3. Gordon C. Winston & Jared C. Carbone & Laurie C. Hurshman, 2001. "Saving, Wealth, Performance, and Revenues in US Colleges and Universities," Williams Project on the Economics of Higher Education, Department of Economics, Williams College DP-59, Department of Economics, Williams College.
  4. Christopher Avery & Caroline M. Hoxby, 2003. "Do and Should Financial Aid Packages Affect Students' College Choices?," NBER Working Papers 9482, National Bureau of Economic Research, Inc.
  5. Gordon C. Winston & Ethan G. Lewis, 1997. "Physical Capital and Capital Service Costs in U.S. Colleges and Universities: 1993," Eastern Economic Journal, Eastern Economic Association, Eastern Economic Association, vol. 23(2), pages 165-189, Spring.
  6. Thomas J. Kane, 1995. "Rising Public College Tuition and College Entry: How Well Do Public Subsidies Promote Access to College?," NBER Working Papers 5164, National Bureau of Economic Research, Inc.
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Cited by:
  1. Caroline Hoxby & Christopher Avery, 2013. "The Missing "One-Offs": The Hidden Supply of High-Achieving, Low-Income Students," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 46(1 (Spring), pages 1-65.
  2. Su Jin Jez, 2008. "The Influence of Wealth and Race in Four-Year College Attendance," University of California at Berkeley, Center for Studies in Higher Education, Center for Studies in Higher Education, UC Berkeley qt0cc2x5tj, Center for Studies in Higher Education, UC Berkeley.
  3. Griffith, Amanda L. & Rothstein, Donna S., 2009. "Can't get there from here: The decision to apply to a selective college," Economics of Education Review, Elsevier, Elsevier, vol. 28(5), pages 620-628, October.
  4. Kim, Matthew, 2010. "Early decision and financial aid competition among need-blind colleges and universities," Journal of Public Economics, Elsevier, Elsevier, vol. 94(5-6), pages 410-420, June.

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