Expenditures and postsecondary graduation: An investigation using individual-level data from the state of Ohio
Using detailed individual-level data from public universities in the state of Ohio, I estimate the effect of various institutional expenditures on the probability of graduating from college. Using a competing risks regression framework, I find differential impacts of expenditure categories across student characteristics. I estimate that student service expenditures have a larger impact on students with low SAT/ACT scores, while instructional expenditures are more important for high test score students and those majoring in scientific/quantitative fields. The individual-level nature of these data allows me to address measurement error and endogeneity concerns the previous literature has been unable to deal with.
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- Eric A. Hanushek, 1979. "Conceptual and Empirical Issues in the Estimation of Educational Production Functions," Journal of Human Resources, University of Wisconsin Press, vol. 14(3), pages 351-388.
- Webber, Douglas A. & Ehrenberg, Ronald G., 2010.
"Do expenditures other than instructional expenditures affect graduation and persistence rates in American higher education?,"
Economics of Education Review,
Elsevier, vol. 29(6), pages 947-958, December.
- Douglas A. Webber & Ronald G. Ehrenberg, 2009. "Do Expenditures Other Than Instructional Expenditures Affect Graduation and Persistence Rates in American Higher Education," NBER Working Papers 15216, National Bureau of Economic Research, Inc.
- Webber, Douglas A. & Ehrenberg, Ronald G., 2009. "Do Expenditures Other Than Instructional Expenditures Affect Graduation and Persistence Rates in American Higher Education?," IZA Discussion Papers 4345, Institute for the Study of Labor (IZA).
- Price, Joshua, 2010. "The effect of instructor race and gender on student persistence in STEM fields," Economics of Education Review, Elsevier, vol. 29(6), pages 901-910, December.
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