Replication data for: Does Federal Student Aid Raise Tuition? New Evidence on For-Profit Colleges
Principal Investigator(s): View help for Principal Investigator(s) Stephanie Riegg Cellini; Claudia Goldin
Version: View help for Version V1
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Project Citation:
Cellini, Stephanie Riegg, and Goldin, Claudia. Replication data for: Does Federal Student Aid Raise Tuition? New Evidence on For-Profit Colleges. Nashville, TN: American Economic Association [publisher], 2014. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114877V1
Project Description
Summary:
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We provide the first comprehensive estimates of the size of the for-profit higher education sector and evaluate whether for-profits increase tuition in response to federal subsidies. By using state administrative data we include institutions that do not participate in federal student aid programs and are missed in official counts. Including these institutions doubles the number of for-profits and increases students by one-third compared with official counts. Aid-eligible institutions charge tuition for sub-baccalaureate (mainly certificate) programs that is about 78 percent higher than that charged by comparable programs in nonparticipating institutions, lending some credence to the "Bennett hypothesis" of federal aid capture.
Scope of Project
JEL Classification:
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H52 National Government Expenditures and Education
I22 Educational Finance; Financial Aid
I23 Higher Education; Research Institutions
I28 Education: Government Policy
H52 National Government Expenditures and Education
I22 Educational Finance; Financial Aid
I23 Higher Education; Research Institutions
I28 Education: Government Policy
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