Higher Education Policy in Greece: Filling the Danaids' Jar
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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