In this paper, the relationship between the school attendance decision and economic incentives is investigated using data from Zambia. A logit model for school attendance is estimated, and it is found that school attendance is not particularly sensitive to changes in costs, quality, or poverty....

In today’s data-filled society, institutions are abundant with information but lacking in the transformation of information to knowledge and further utilization of knowledge to support actionable change. The focus of the present study was to develop an instrument to gauge institutional...

Over the past fifty years, elected officials in the name of education reform have promulgated countless policies. Yet the nation continues to face insufficient seats for pre-K kids, and low performance and high dropout rates among older kids. These statistics are harshest for low income and...

The education and application of skills in it is an essential prerequisite for the growth and development of each national economy in the future. Investing in education and skills development are essential incentive for raising the growth and competitiveness of each country and its participation...

This paper poses the following question in the context of civil rights in education — is proportionality synonymous with parity? Since 1974 the Office of Civil Rights (OCR) has determined that in order for an educational institution to be in compliance with Title IX of the Educational...

We review basic facts about higher education finance in the United States and analytical, empirical and policy issues in that realm. Examining trends in higher education finance, we demonstrate growth in the share of revenues provided by government up to about 1980, with a steady decline...

Participants in student loan programs must repay loans in full regardless of whether they complete college. But many students who take out a loan do not earn a degree (the dropout rate among college students is between 33 to 50 percent). We examine whether insurance, in the form of loan...

We study human capital accumulation in an environment of competitive search. Given that unemployed workers can default on their education loans, skilled individuals with a larger debt burden prefer riskier but better paid careers than is socially desirable. A higher level of employment risk in...

We study education and income tax policies in a model with endogenous selection into college. Our framework is strongly influenced by the empirical college literature and incorporates heterogenous returns and tastes for college, earnings risk (implying uncertain returns to college) and...

The total social benefits of college education exceed the private benefits because the government receives a share of the monetary returns in the form of income taxes. We study the policy implications of this fiscal externality in an optimal dynamic tax framework. Using a variational approach we...