College Cost and Time to Complete a Degree: Evidence from Tuition Discontinuities
University tuition typically remains constant throughout the years of enrollment while delayed degree completion is increasingly a problem for academic institutions around the world. Theory suggests that if continuation tuition were raised, the probability of late graduation would be reduced. Using...
| Auteurs principaux: | , , , |
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| Autres auteurs: | |
| Format: | Article |
| Langue: | en_US |
| Publié: |
MIT Press
2012
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| Accès en ligne: | http://hdl.handle.net/1721.1/75035 |
| Résumé: | University tuition typically remains constant throughout the years of enrollment while delayed degree completion is increasingly a problem for academic institutions around the world. Theory suggests that if continuation tuition were raised, the probability of late graduation would be reduced. Using a regression discontinuity design on data from Bocconi University in Italy, we show that a 1,000 euro increase in continuation tuition reduces the probability of late graduation by 5.2% when the benchmark probability is 80%. This decline is not associated with an increase in the dropout rate or a fall in the quality of students performance. |
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