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Higher Education Completion And Related Factors

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  • John W. Miller

    ()
    (Central Connecticut State University, Office of the President)

  • Mark Skidmore

    ()
    (Department of Economics, University of Wisconsin - Whitewater)

Abstract

In this paper data from all 50 U.S. states are used to examine factors associated with the level of educational attainment in the population. Specifically, this inquiry examines the relationship between the percentage of the adult population aged 25-39 with a college bachelors degree or more and sets of variables logically grouped under one of two categories : production of degree holders and net migration of degree holders. It was hypothesized that the production of college degree holders is related to factors such as the quality of the K-12 educational system, the quality of the higher education system, and homogeneity of the population. Factors related to net migration of college degree holders include measures of the vibrancy of the economy, quality of life, and relative tax burdens. Analysis demonstrated that nearly all of the variation across the states in the percentage of degree holders in the population can be explained by these factors. These findings are useful to both policymakers and education administrators across the states as they seek to understand needs and set the direction of higher education systems.

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Bibliographic Info

Paper provided by UW-Whitewater, Department of Economics in its series Working Papers with number 05-10.

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Length: 30 pages
Date of creation: Oct 2005
Date of revision:
Handle: RePEc:uww:wpaper:05-10

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Postal: Whitewater, WI 53190-1750
Phone: (414) 472-1361
Web page: http://www.uww.edu/cobe/economics/main.html
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References

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  1. Dennis D. Kimko & Eric A. Hanushek, 2000. "Schooling, Labor-Force Quality, and the Growth of Nations," American Economic Review, American Economic Association, vol. 90(5), pages 1184-1208, December.
  2. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," NBER Working Papers 3541, National Bureau of Economic Research, Inc.
  3. Alan B. Krueger & Mikael Lindahl, 2000. "Education for Growth: Why and For Whom?," NBER Working Papers 7591, National Bureau of Economic Research, Inc.
  4. Richard Vedder, 2004. "Private vs. Social Returns to Higher Education: Some New Cross-Sectional Evidence," Journal of Labor Research, Transaction Publishers, vol. 25(4), pages 677-686, October.
  5. Linneman, Peter D. & Graves, Philip E., 1983. "Migration and job change: a multinomial logit approach," MPRA Paper 19922, University Library of Munich, Germany.
  6. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
  7. Jonathan Temple, 1999. "The New Growth Evidence," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 112-156, March.
  8. Knapp, Thomas A. & Graves, Philip E., 1989. "On the role of amenities in models of migration and regional development," MPRA Paper 19914, University Library of Munich, Germany.
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