Stratton Leslie S.; Wetzel James N. - In: The B.E. Journal of Economic Analysis & Policy 13 (2013) 2, pp. 1121-1142
Standard analyses of college outcomes look at six-year graduation rates, treating all non-graduates alike as “failures”. However, we find that 36% of non-graduates are still enrolled. Using micro-level data with rich information on demographic and academic background, we employ a multinomial...