American Economic Journal:
Economic Policy
ISSN 1945-7731 (Print) | ISSN 1945-774X (Online)
Crowded Colleges and College Crowd-Out: The Impact of Public Subsidies on the Two-Year College Market
American Economic Journal: Economic Policy
vol. 1,
no. 2, August 2009
(pp. 1–30)
Abstract
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. (JEL H75, I22, I23)Citation
Cellini, Stephanie Riegg. 2009. "Crowded Colleges and College Crowd-Out: The Impact of Public Subsidies on the Two-Year College Market." American Economic Journal: Economic Policy, 1 (2): 1–30. DOI: 10.1257/pol.1.2.1Additional Materials
JEL Classification
- H75 State and Local Government: Health, Education, and Welfare
- I22 Educational Finance
- I23 Higher Education and Research Institutions
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