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In research into higher education, the evaluation of completion and dropout rates has generated a steady stream of interest for decades. While most studies only calculate quotes using student and graduate numbers for both phenomena, we propose to also consider the budget available to...
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weekly earnings. Utilizing the fact that colleges dismiss low-performing students based on exact GPA cutoffs, we use a … regression discontinuity design to estimate the earnings impacts of college. Dismissed students are permitted to apply for … readmission, but since relatively few do so, these students end up completing fewer years of school and are approximately 10 …
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