Early decision and financial aid competition among need-blind colleges and universities

• 成果类型: Article
• 署名作者: Kim, Matthew
• 署名单位: University of St Thomas Minnesota
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2010.01.003
• 发表日期: 2010
• 页码: 410-420
• 关键词: Early decision; Financial aid; Need-blind admissions

摘要

This paper presents a stylized theoretical model of competition among need-blind colleges and universities that implement early decision admissions. Under need-blind admissions, an applicant's financial aid status cannot affect their likelihood of admission. In the model, a need-blind school can use early decision admissions as a screening mechanism to indirectly identify a student's ability-to-pay, while superficially maintaining a need-blind policy. As a result, in equilibrium, non-financial aid students are more likely to be admitted than financial aid students of comparable quality. (C) 2010 Elsevier B.V. All rights reserved.