Is a Dream Deferred a Dream Denied? College Enrollment and Time-Varying Opportunity Costs

• 成果类型: Article
• 署名作者: Perez-Arce, Francisco
• 署名单位: RAND Corporation
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/677390
• 发表日期: 2015
• 页码: 33-61
• 关键词: simulated moments; models; school; IMPACT; attendance; MARKET; youth

摘要

A public college randomly assigns applicants into a group that can enroll immediately and a group that can do so only after 1 year. One and a half years after the first group enrolled, individuals in that group were 19 percentage points more likely to be enrolled than those who had to wait. I present a model of educational decision making that predicts a substantial effect of deferral on attainment only when opportunity costs (wages) can vary across time within individuals. I estimate the model to project the long-term effect of deferred admission on attainment for different groups of applicants.