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policies that emerge from their competition for students. The calibrated version of the model matches well the aggregate … distribution of federal aid. Predictions about the distribution of students across colleges by ability and income and about the …, virtually all of the increase being in state colleges and mainly of poor students. Private colleges reduce institutional aid and …
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policies that emerge from their competition for students. The calibrated version of the model matches well the aggregate … distribution of federal aid. Predictions about the distribution of students across colleges by ability and income and about the …, virtually all of the increase being in state colleges and mainly of poor students. Private colleges reduce institutional aid and …
Persistent link: https://www.econbiz.de/10013077957
The growth of for-profit colleges has been historically aided by online instruction, and budget crunches at public institutions, circumstances which have resurfaced during the COVID-19 pandemic. We set up and calibrate a general equilibrium model of competition between public and for-profit...
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We develop a model of strategic grade determination by universities distinguished by their distributions of student academic abilities. Universities choose grading standards to maximize total wages of graduates. Job placement and wages hinge on a firm's productivity assessment given a student's...
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