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This paper studies how private equity buyouts create value in higher education, a sector with opaque product quality and intense government subsidy. With novel data on 88 private equity deals involving 994 schools, we show that buyouts lead to higher tuition and per-student debt. Exploiting loan...
Persistent link: https://www.econbiz.de/10012911710
Families who heed the 'experts'' advice and save for their children's college education typically receive less financial aid. The variation in the net price of college functions as a large tax on savings. College financial aid also functions as an income tax. This paper estimates the size and...
Persistent link: https://www.econbiz.de/10013219980
admitting in-state versus out-of-state students. States have an interest in using universities to attract and retain high … an interest in their graduates being successful, but little interest in where students come from or where they go after … states in fact gain financially when public universities admit additional out-of-state students. This is because attending a …
Persistent link: https://www.econbiz.de/10013236677
proposed to prevent such shortages is increased federal support for graduate students. Lost in the policy debate, however, has …-producing universities do respond to changes in external support for graduate students by altering the number of students they support on … responses are quite small. On average, an increase of 100 in the number of students supported by external funds is estimated to …
Persistent link: https://www.econbiz.de/10013237945
The pool of students in the global economy prepared for higher education and able to pay tuition at U.S. colleges and … students from China. Given the concentration of high quality colleges and universities in the U.S., there has been a … substantial increase in the demand for enrollment among students from abroad. At the same time, substantial declines in state …
Persistent link: https://www.econbiz.de/10012966789
and scholars that the declines in state support have reduced the return to education investment for public sector students … four-year students, and we analyze individuals into their mid-30s. For four-year students, we find that state appropriation … adverse debt outcomes, and these students experience substantial increases in their credit score and in the affluence of the …
Persistent link: https://www.econbiz.de/10014092961
(supply effects). We also find that when a university suffers a negative endowment shock that is large relative to its …
Persistent link: https://www.econbiz.de/10013100672
best viewed as the end result of a learning process. We find that students enter college as open to a major in math or … science as to any other major group, but that a large number of students move away from math and science after realizing that … because students realize that their ability in math/science is lower than expected rather than because students realize that …
Persistent link: https://www.econbiz.de/10013128602
College completion and college success often lag behind college attendance. One theory as to why students do not …. Over the course of two separate school years, InsideTrack, a student coaching service, provided coaching to students from … public, private, and proprietary universities. Most of the participating students were non-traditional college students …
Persistent link: https://www.econbiz.de/10013128658
high-achieving students from relatively poor families. We followed 107 high school seniors through the college admissions … process in 2006-2007; we selected 52 of these students at random, offering them ten hours of individualized college advising … have influenced the choice of where the students applied to college. We estimate that students offered counseling were 7 …
Persistent link: https://www.econbiz.de/10013138311