COLLEGE COST AND TIME TO COMPLETE A DEGREE: EVIDENCE FROM TUITION DISCONTINUITIES

• 成果类型: Article
• 署名作者: Garibaldi, Pietro; Giavazzi, Francesco; Ichino, Andrea; Rettore, Enrico
• 署名单位: Collegio Carlo Alberto; University of Turin; Collegio Carlo Alberto; University of Turin; Bocconi University; Bocconi University; University of Bologna; University of Bologna; University of Padua
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00195
• 发表日期: 2012-08
• 页码: 699-711
• 关键词: students; aid; models; rates

摘要

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.