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Higher Education Policy in Greece: Filling the Danaids' Jar

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Abstract

The study examines the potential effects of a recent policy change in Greece on students’ graduation rates. Our study mainly concentrates on the impact that the reform may have on the various categories of students, as these are classified by the way they enter the university. Individual records of 2,416 students studying at a university of economic and social studies are analyzed by means of the probit model. Our empirical findings suggest that students from all the other modes of entry, compared to students entering by means of general examinations, face a considerably higher probability of failure. Among the rest of the results, the most interesting one concerns the equal likelihood of failure of students with different socio-economic backgrounds.

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Bibliographic Info

Paper provided by Department of Economics, University of Macedonia in its series Discussion Paper Series with number 2009_16.

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Date of creation: Nov 2009
Date of revision: Nov 2009
Handle: RePEc:mcd:mcddps:2009_16

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Web page: http://www.uom.gr/index.php?tmima=3

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Keywords: policy change; mode of university entry; graduation rate; duration of studies.;

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  1. Papke, Leslie E & Wooldridge, Jeffrey M, 1996. "Econometric Methods for Fractional Response Variables with an Application to 401(K) Plan Participation Rates," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 11(6), pages 619-32, Nov.-Dec..
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  4. Psacharopoulos, George & Papakonstantinou, George, 2005. "The real university cost in a "free" higher education country," Economics of Education Review, Elsevier, vol. 24(1), pages 103-108, February.
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  8. Anderson, Soren & Newell, Richard G., 2003. "Simplified marginal effects in discrete choice models," Economics Letters, Elsevier, vol. 81(3), pages 321-326, December.
  9. Andrews, Donald W K, 1988. "Chi-Square Diagnostic Tests for Econometric Models: Theory," Econometrica, Econometric Society, vol. 56(6), pages 1419-53, November.
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  11. Bera, Anil K & Jarque, Carlos M & Lee, Lung-Fei, 1984. "Testing the Normality Assumption in Limited Dependent Variable Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(3), pages 563-78, October.
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Cited by:
  1. Elias Katsikas & Theodore Panagiotidis, 2010. "Student Status and Academic Performance: an approach of the quality determinants of university studies in Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 40, Hellenic Observatory, LSE.

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