IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this paper

State Merit-Aid Programs and College Major: A Focus on STEM

Listed author(s):
  • David L. Sjoquist

    ()

    (Georgia State University)

  • John V. Winters

    ()

    (Oklahoma State University)

Since 1991 more than two dozen states have adopted merit-based student financial aid programs, intended at least in part to increase the stock of human capital by improving the knowledge and skills of the state’s workforce. At the same time, there has been growing concern that the U.S. is producing too few college graduates in science, technology, engineering, and mathematics (STEM) fields. Using micro data from the American Community Survey this paper examines whether recently adopted state merit-aid programs have affected college major decisions, with a focus on STEM fields. We find consistent evidence that state merit programs did in fact reduce the likelihood that a young person in the state will earn a STEM degree.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://spears.okstate.edu/ecls-working-papers/files/OKSWPS1406.pdf
Download Restriction: no

Paper provided by Oklahoma State University, Department of Economics and Legal Studies in Business in its series Economics Working Paper Series with number 1406.

as
in new window

Length: 45 pages
Date of creation: Aug 2013
Date of revision: Feb 2014
Handle: RePEc:okl:wpaper:1406
Contact details of provider: Web page: http://spears.okstate.edu/ecls-working-papers/

More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as
in new window

  1. Winters, John V., 2012. "Cohort crowding and nonresident college enrollment," Economics of Education Review, Elsevier, vol. 31(3), pages 30-40.
  2. Jesse Rothstein & Cecilia Elena Rouse, 2007. "Constrained After College: Student Loans and Early Career Occupational Choices," NBER Working Papers 13117, National Bureau of Economic Research, Inc.
  3. Ralph Stinebrickner & Todd Stinebrickner, 2013. "A Major in Science? Initial Beliefs and Final Outcomes for College Major and Dropout," University of Western Ontario, Centre for Human Capital and Productivity (CHCP) Working Papers 20134, University of Western Ontario, Centre for Human Capital and Productivity (CHCP).
  4. Dynarski, Susan, 2000. "Hope for Whom? Financial Aid for the Middle Class and Its Impact on College Attendance," National Tax Journal, National Tax Association, vol. 53(3), pages 629-662, September.
  5. Arcidiacono, Peter & Hotz, V. Joseph & Kang, Songman, 2010. "Modeling College Major Choices Using Elicited Measures of Expectations and Counterfactuals," IZA Discussion Papers 4738, Institute for the Study of Labor (IZA).
  6. Larry D. Singell Jr. & Glen R. Waddell & Bradley R. Curs, 2006. "HOPE for the Pell? Institutional Effects in the Intersection of Merit-Based and Need-Based Aid," Southern Economic Journal, Southern Economic Association, vol. 73(1), pages 79-99, July.
  7. Gary T. Henry & Ross Rubenstein, 2002. "Paying for grades: Impact of merit-based financial aid on educational quality," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 21(1), pages 93-109.
  8. Judith Scott-Clayton, 2011. "On Money and Motivation: A Quasi-Experimental Analysis of Financial Incentives for College Achievement," Journal of Human Resources, University of Wisconsin Press, vol. 46(3), pages 614-646.
  9. Joshua Goodman, "undated". "Who Merits Financial Aid?: Massachusetts' Adams Scholarship," Working Paper 95406, Harvard University OpenScholar.
  10. David L. Sjoquist & John V. Winters, 2013. "Merit Aid and Post-College Retention in the State," Economics Working Paper Series 1407, Oklahoma State University, Department of Economics and Legal Studies in Business.
  11. Griffith, Amanda L., 2010. "Persistence of women and minorities in STEM field majors: Is it the school that matters?," Economics of Education Review, Elsevier, vol. 29(6), pages 911-922, December.
  12. Federman Maya, 2007. "State Graduation Requirements, High School Course Taking, and Choosing a Technical College Major," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(1), pages 1-34, January.
  13. Mark Stater, 2011. "Financial Aid, Student Background, and the Choice of First-year College Major," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 37(3), pages 321-343.
  14. Todd R. Stinebrickner & Ralph Stinebrickner, 2011. "Math or Science? Using Longitudinal Expectations Data to Examine the Process of Choosing a College Major," NBER Working Papers 16869, National Bureau of Economic Research, Inc.
  15. Freeman, James A. & Hirsch, Barry T., 2008. "College majors and the knowledge content of jobs," Economics of Education Review, Elsevier, vol. 27(5), pages 517-535, October.
  16. Susan Dynarski, 2005. "Building the Stock of College-Educated Labor," NBER Working Papers 11604, National Bureau of Economic Research, Inc.
  17. Arcidiacono, Peter, 2004. "Ability sorting and the returns to college major," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 343-375.
  18. Timothy G. Conley & Christopher R. Taber, 2011. "Inference with "Difference in Differences" with a Small Number of Policy Changes," The Review of Economics and Statistics, MIT Press, vol. 93(1), pages 113-125, February.
  19. Cornwell, Christopher & Lee, Kyung Hee & Mustard, David B., 2006. "The Effects of State-Sponsored Merit Scholarships on Course Selection and Major Choice in College," IZA Discussion Papers 1953, Institute for the Study of Labor (IZA).
  20. Ost, Ben, 2010. "The role of peers and grades in determining major persistence in the sciences," Economics of Education Review, Elsevier, vol. 29(6), pages 923-934, December.
  21. Montmarquette, C. & Cannings, C. & Mahseredjian,S., 1997. "How do Young People Choose College Majors?," Cahiers de recherche 9719, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
  22. Thomas S. Dee & Linda A. Jackson, 1999. "Who Loses HOPE? Attrition from Georgia’s College Scholarship Program," Southern Economic Journal, Southern Economic Association, vol. 66(2), pages 379-390, October.
  23. Peter Arcidiacono & Esteban Aucejo & V. Joseph Hotz, 2013. "University differences in the graduation of minorities in STEM fields: evidence from California," LSE Research Online Documents on Economics 51564, London School of Economics and Political Science, LSE Library.
  24. Christopher M. Cornwell & Kyung Hee Lee & David B. Mustard, 2005. "Student Responses to Merit Scholarship Retention Rules," Journal of Human Resources, University of Wisconsin Press, vol. 40(4), pages 895-917.
  25. Maria D. Fitzpatrick & Damon Jones, 2012. "Higher Education, Merit-Based Scholarships and Post-Baccalaureate Migration," NBER Working Papers 18530, National Bureau of Economic Research, Inc.
  26. Magali BEFFY & Denis FOUGERE & Arnaud MAUREL, 2009. "Choosing the Field of Study in Post-Secondary Education : Do Expected Earnings Matter ?," Working Papers 2009-14, Centre de Recherche en Economie et Statistique.
  27. Susan Dynarski, 2000. "Hope for Whom? Financial Aid for the Middle Class and Its Impact on College Attendance," NBER Working Papers 7756, National Bureau of Economic Research, Inc.
  28. Hickman, Daniel C., 2009. "The effects of higher education policy on the location decision of individuals: Evidence from Florida's Bright Futures Scholarship Program," Regional Science and Urban Economics, Elsevier, vol. 39(5), pages 553-562, September.
  29. Sjoquist, David L. & Winters, John V., 2013. "The effects of HOPE on post-college retention in the Georgia workforce," Regional Science and Urban Economics, Elsevier, vol. 43(3), pages 479-490.
  30. Hawley, Zackary B. & Rork, Jonathan C., 2013. "The case of state funded higher education scholarship plans and interstate brain drain," Regional Science and Urban Economics, Elsevier, vol. 43(2), pages 242-249.
  31. A. Colin Cameron & Jonah B. Gelbach & Douglas L. Miller, 2007. "Bootstrap-Based Improvements for Inference with Clustered Errors," NBER Technical Working Papers 0344, National Bureau of Economic Research, Inc.
  32. Julian R. Betts & Darlene Morell, 1999. "The Determinants of Undergraduate Grade Point Average: The Relative Importance of Family Background, High School Resources, and Peer Group Effects," Journal of Human Resources, University of Wisconsin Press, vol. 34(2), pages 268-293.
  33. Wiswall, Matthew & Zafar, Basit, 2011. "Determinants of college major choice: identification using an information experiment," Staff Reports 500, Federal Reserve Bank of New York, revised 01 Aug 2014.
  34. Marc Luppino & Richard Sander, 2015. "College major peer effects and attrition from the sciences," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-23, December.
  35. David L. Sjoquist & John V. Winters, 2012. "Building the Stock of College-Educated Labor Revisited," Journal of Human Resources, University of Wisconsin Press, vol. 47(1), pages 270-285.
  36. Patricia L. Farrell & Gregory S. Kienzl, 2009. "Are State Non-Need, Merit-Based Scholarship Programs Impacting College Enrollment?," Education Finance and Policy, MIT Press, vol. 4(2), pages 150-174, April.
  37. Kokkelenberg, Edward C. & Sinha, Esha, 2010. "Who succeeds in STEM studies? An analysis of Binghamton University undergraduate students," Economics of Education Review, Elsevier, vol. 29(6), pages 935-946, December.
  38. Marianne Bertrand & Esther Duflo & Sendhil Mullainathan, 2002. "How Much Should We Trust Differences-in-Differences Estimates?," NBER Working Papers 8841, National Bureau of Economic Research, Inc.
  39. Bradley, Elizabeth S., 2012. "The Effect of the Business Cycle on Freshman Major Choice," MPRA Paper 42412, University Library of Munich, Germany.
  40. Bruce, Donald J. & Carruthers, Celeste K., 2014. "Jackpot? The impact of lottery scholarships on enrollment in Tennessee," Journal of Urban Economics, Elsevier, vol. 81(C), pages 30-44.
  41. Rask, Kevin, 2010. "Attrition in STEM fields at a liberal arts college: The importance of grades and pre-collegiate preferences," Economics of Education Review, Elsevier, vol. 29(6), pages 892-900, December.
  42. Peter Arcidiacono & Esteban Aucejo & Ken Spenner, 2012. "What happens after enrollment? An analysis of the time path of racial differences in GPA and major choice," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 1(1), pages 1-24, December.
  43. Stephen G. Donald & Kevin Lang, 2007. "Inference with Difference-in-Differences and Other Panel Data," The Review of Economics and Statistics, MIT Press, vol. 89(2), pages 221-233, May.
  44. Mark C. Berger, 1988. "Predicted Future Earnings and Choice of College Major," ILR Review, Cornell University, ILR School, vol. 41(3), pages 418-429, April.
  45. Christopher Cornwell & David B. Mustard & Deepa J. Sridhar, 2006. "The Enrollment Effects of Merit-Based Financial Aid: Evidence from Georgia's HOPE Program," Journal of Labor Economics, University of Chicago Press, vol. 24(4), pages 761-786, October.
  46. repec:ntj:journl:v:53:y:2000:i:n._3:p:629-62 is not listed on IDEAS
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:okl:wpaper:1406. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Harounan Kazianga)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.