Crowded Colleges and College Crowd-Out: The Impact of Public Subsidies on the Two-Year College Market

• 成果类型: Article
• 署名作者: Cellini, Stephanie Riegg
• 署名单位: George Washington University
• 刊物名称: AMERICAN ECONOMIC JOURNAL-ECONOMIC POLICY
• ISSN/ISSBN: 1945-7731
• DOI: 10.1257/pol.1.2.1
• 发表日期: 2009
• 页码: 1-30
• 关键词: medicaid expansions; community-college; labor-market; COMPETITION; PRIVATE; insurance; vouchers; schools; expenditures; returns

摘要

This study assesses the impact of an increase in funding for public community colleges on the market for two-year college education, considering both the effect on community college enrollments and on the number of proprietary schools in a market. I draw on a new administrative dataset of for-profit colleges in California and votes on local community college bond referenda to implement a unique regression discontinuity design. The results suggest that bond passage diverts students from the private to the public sector and causes a corresponding decline in the number of proprietary schools in the market.