Rising tuition has led many states to offer college prepaid tuition plans. These plans are consistent with the trend in higher education policy toward meeting the needs of wealthier households. The paper argues that the public interest in these plans is hard to find; moreover, median voter theory suggests that prepaid tuition plans may have the unintended consequence of higher tuition inflation, thus making college less affordable for those least able to afford it
Community colleges -- United States -- States -- Finance.
This study analyzes the equity of community college financing and demonstrates intrastate variations in appropriations to community colleges. The ratio of 90th to 10th percentile values ranges from 2.0 to 2.8 in half of the states analyzed, levels which are considered high in comparison to K-12 finance inequities. In 10 states with high revenue disparities, the direction of revenue deviations is more often progressive in state-funded than in local-share states, suggesting that the local role may undermine equity. This paper explores differences in economies of scale, geographic costs, and program costs as factors determining funding disparities.
Ehrenberg, Ronald G.
Zhang, Liang, 1974-
Levin, Jared M.
Universities and colleges -- United States -- Admission.
Student aid -- Social aspects -- United States.
This paper uses panel data for the 100 colleges and universities at which the largest number of National Merit Scholarship (NMS) winners enrolled in 2003 to test whether an expansion in the number of institutionally funded NMS winners at an institution is associated with a decline in the number of Pell Grant recipients at the institution. Our findings suggest a trade-off between enrolling institutionally sponsored NMS winners and enrolling Pell grant recipients and thus that institutions should focus on both student selectivity and socioeconomic diversity in crafting their classes.
Public universities and colleges -- United States -- Finance.
College attendance -- United States.
This study examined the effects of tuition on enrollment in public colleges and universities. The causal model included competitors' tuition, the wage premium for possessing a college degree, financial aid, and unemployment rate as additional independent variables. The data included institution- and state-level data information over five academic years (1998-2002). The definition of college enrollment for this inquiry was the number of first-time students, including only those from in-state. This study found that tuition level did not have an effect on the growth in enrollment. However, the tuition level of competing institutions and the wage premium to a college degree had positive and significant effects on college enrollment growth.