Where do the children of professors attend college?
To ask whether the best-informed consumers of higher education, the faculty, make different choices than other similarly endowed consumers, we compare the pattern of colleges chosen by 5,592 children of college and university faculty with the pattern chosen by the children of non-faculty families of similar socio-economic status. The patterns are remarkably different. The children of faculty are more likely to choose research universities and even more likely to choose selective liberal arts colleges. This evidence is consistent with the view that the level of information makes a difference in the choice of college.
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- Terry Long, B.Bridget, 2004. "How have college decisions changed over time? An application of the conditional logistic choice model," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 271-296.
- Toutkoushian, Robert K., 2001. "Do parental income and educational attainment affect the initial choices of New Hampshire's college-bound students?," Economics of Education Review, Elsevier, vol. 20(3), pages 245-262, June.
- James Monks & Ronald G. Ehrenberg, 1999. "The Impact of US News and World Report College Rankings on Admission Outcomes and Pricing Decisions at Selective Private Institutions," NBER Working Papers 7227, National Bureau of Economic Research, Inc.