The Demand for Higher Education: The Case of Medical School Applicants
This study analyzes determinants of student demand for medical education. Two series-total applicants to medical schools and medical school applicants with superior college records-are studied. The results indicate that student career decisions are strongly related to interoccupational differences in tuition and expected incomes. Students with "A" college records are somewhat less responsive to monetary incentives. Substantial increases in medical school tuition and fees and relatively low stipend levels have decreased student interest in medicine as a career. Income differentials also have an impact. The supply of medical education, measured by the probability of a student being accepted, has a positive effect on demand.
Year of publication: |
1971
|
---|---|
Authors: | Sloan, Frank A. |
Published in: |
Journal of Human Resources. - University of Wisconsin Press. - Vol. 6.1971, 4
|
Publisher: |
University of Wisconsin Press |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Physician Participation in Health Insurance Plans: Evidence on Blue Shield
Sloan, Frank A., (1978)
-
Effects of Health Insurance on Physicians' Fees
Sloan, Frank A., (1982)
-
Heavy alcohol use and marital dissolution in the USA
Ostermann, Jan, (2005)
- More ...