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The Effects Of The Kalamazoo Promise Scholarship On College Enrollment, Persistence, And Completion, Timothy J. Bartik, Brad J. Hershbein, Marta Lachowska
The Effects Of The Kalamazoo Promise Scholarship On College Enrollment, Persistence, And Completion, Timothy J. Bartik, Brad J. Hershbein, Marta Lachowska
Upjohn Institute Working Papers
We estimate the effects on postsecondary education outcomes of the Kalamazoo Promise, a generous, place-based college scholarship. We identify Promise effects using difference-in-differences, comparing eligible to ineligible graduates before and after the Promise’s initiation. According to our estimates, the Promise significantly increases college enrollment, college credits attempted, and credential attainment. Stronger effects occur for women.
Are Teacher Pensions "Hazardous" For Schools?, Patten Priestley Mahler
Are Teacher Pensions "Hazardous" For Schools?, Patten Priestley Mahler
Upjohn Institute Working Papers
I use a detailed panel of data and a unique modeling specification to explore how public schoolteachers respond to the incentives embedded in North Carolina’s retirement system. Like most public-sector retirement plans, North Carolina’s teacher pension implicitly encourages teachers to continue working until they are eligible for their pension benefits, and then leave soon afterward. I find that teachers with higher levels of quality, as measured by a teacher’s value-added to her students’ achievement test scores, are more responsive to the “pull” of teacher pensions. Younger teachers, those with higher salaries, and nonwhite teachers are also more likely to stay …
Propelled: The Effects Of Grants On Graduation, Earnings, And Welfare, Jeffrey T. Denning, Benjamin M. Marx, Lesley J. Turner
Propelled: The Effects Of Grants On Graduation, Earnings, And Welfare, Jeffrey T. Denning, Benjamin M. Marx, Lesley J. Turner
Upjohn Institute Working Papers
We estimate the effect of grant aid on poor college students’ attainment and earnings using student-level administrative data from four-year public colleges in Texas. To identify these effects, we exploit a discontinuity in grant generosity as a function of family income. Eligibility for the maximum Pell Grant significantly increases degree receipt and earnings beginning four years after entry. Within 10 years, imputed taxes on eligible students’ earnings gains fully recoup total government expenditures generated by initial eligibility. To clarify how these estimates relate to social welfare, we develop a general theoretical model and derive sufficient statistics for the welfare implications …
Genes, Education, And Labor Market Outcomes: Evidence From The Health And Retirement Study, Nicholas W. Papageorge, Kevin Thom
Genes, Education, And Labor Market Outcomes: Evidence From The Health And Retirement Study, Nicholas W. Papageorge, Kevin Thom
Upjohn Institute Working Papers
Recent advances have led to the discovery of specific genetic variants that predict educational attainment. We study how these variants, summarized as a genetic score variable, are associated with human capital accumulation and labor market outcomes in the Health and Retirement Study (HRS). We demonstrate that the same genetic score that predicts education is also associated with higher wages, but only among individuals with a college education. Moreover, the genetic gradient in wages has grown in more recent birth cohorts, consistent with interactions between technological change and labor market ability. We also show that individuals who grew up in economically …
A Benefit-Cost Analysis Of The Tulsa Universal Pre-K Program, Timothy J. Bartik, Jonathan A. Belford, William T. Gormley, Sara Anderson
A Benefit-Cost Analysis Of The Tulsa Universal Pre-K Program, Timothy J. Bartik, Jonathan A. Belford, William T. Gormley, Sara Anderson
Upjohn Institute Working Papers
In this paper, benefits and costs are estimated for a universal pre-K program, provided by Tulsa Public Schools. Benefits are derived from estimated effects of Tulsa pre-K on retention by grade 9. Retention effects are projected to dollar benefits from future earnings increases and crime reductions. Based on these estimates, Tulsa pre-K has benefits exceeding costs by about 2-to-1. This benefit cost ratio is far less than the benefit-cost ratios (ranging from 8-to-1 to 16-to-1) for more targeted and intensive pre-K programs from the 1970s and 80s, such as Perry Preschool and the Chicago Child-Parent Center (CPC) program. Comparing benefit-cost …
Born Under A Lucky Star: Financial Aid, College Completion, Labor Supply, And Credit Constraints, Jeffrey T. Denning
Born Under A Lucky Star: Financial Aid, College Completion, Labor Supply, And Credit Constraints, Jeffrey T. Denning
Upjohn Institute Working Papers
Higher education has experienced many changes since the 1970s, including an increase in the price of college, an increase in student employment during college, a decrease in college completion rates, and an increase in time to degree. This paper ties these trends together by causally linking changes in financial aid with time to degree and student employment during college. I find that additional financial aid accelerates graduation for university seniors because they increase credits attempted and reduce earnings while in college. In reaching this finding, I use administrative education and earnings data to examine a discrete change in the amount …