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Household Characteristics of Higher Education Participants

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Author Info
Martin Ryan (Geary Institute, University College Dublin & Faculty of Business, Dublin Institute of Technology, Aungier Street, Dublin 2)
Siobhan McCarthy (Faculty of Business, Dublin Institute of Technology, Aungier Street, Dublin 2)
Carol Newman (Department of Economics, University of Dublin, Trinity College, Dublin 2)
Abstract

The aim of this paper is to analyse the characteristics of Irish households that have a member participating in higher education, using surveys of Irish households collected in 1994-95 and 1999-2000. The results do not show a significant effect of income; this is notable, especially alongside the strong result that longer-term factors such as household wealth and cultural capital have a significant effect. This lends support to the argument proposed by Heckman (2000) that family income is only important over the entire educational investment cycle of a child. However, the importance of grant eligibility is a notable result, which suggests that short-term financial constraints cannot be dismissed. A combination of suitably beneficial short-term and long-term factors may be important for encouraging participation in higher education.

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File URL: http://geary.ucd.ie/images/Publications/WorkingPapers/GearyWp200702.pdf
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File Function: Revised version, 2007
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Publisher Info
Paper provided by Geary Institute, University College Dublin in its series Working Papers with number 200702.

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Length: 24 pages
Date of creation: 03 Jul 2007
Date of revision:
Handle: RePEc:ucd:wpaper:200702

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Related research
Keywords: higher education human capital credit constraints

Find related papers by JEL classification:
D33 - Microeconomics - - Distribution - - - Factor Income Distribution
H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate

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