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Full-Text Articles in Education
The Merits Of Universal Scholarships: Benefit-Cost Evidence From The Kalamazoo Promise, Timothy J. Bartik, Brad J. Hershbein, Marta Lachowska
The Merits Of Universal Scholarships: Benefit-Cost Evidence From The Kalamazoo Promise, Timothy J. Bartik, Brad J. Hershbein, Marta Lachowska
Timothy J. Bartik
As higher education costs rise, many communities have begun to adopt their own financial aid strategy: place-based scholarships for students graduating from the local school district. In this paper, we examine the benefits and costs of the Kalamazoo Promise, one of the more universal and more generous place-based scholarships. Building upon estimates of the program's heterogeneous effects on degree attainment, scholarship cost data, and projections of future earnings by education, we examine the Promise’s benefit-cost ratios for students differentiated by income, race, and gender. Although the average rate of return of the program is 11 percent, rates of return vary …
Higher Education, The Health Care Industry, And Metropolitan Regional Economic Development: What Can "Eds & Meds" Do For The Economic Fortunes Of A Metro Area's Residents?, Timothy J. Bartik, George A. Erickcek
Higher Education, The Health Care Industry, And Metropolitan Regional Economic Development: What Can "Eds & Meds" Do For The Economic Fortunes Of A Metro Area's Residents?, Timothy J. Bartik, George A. Erickcek
Timothy J. Bartik
This paper examines the effects of expansions in higher educational institutions and the medical service industry on the economic development of a metropolitan area. This examination pulls together previous research and provides some new empirical evidence. We provide quantitative evidence of the magnitude of economic effects of higher education and medical service industries that occur through the mechanism of providing some export-base demand stimulus to a metropolitan economy. We also provide quantitative evidence on how much higher education institutions can boost a metropolitan economy through increasing the educational attainment of local residence. We estimate that medical service industries pay above …
"Eds And Meds" And Metropolitan Economic Development, Timothy Bartik, George Erickcek
"Eds And Meds" And Metropolitan Economic Development, Timothy Bartik, George Erickcek
Timothy J. Bartik
No abstract provided.
"Eds & Meds" And Metropolitan Economic Development, Timothy J. Bartik, George A. Erickcek
"Eds & Meds" And Metropolitan Economic Development, Timothy J. Bartik, George A. Erickcek
Timothy J. Bartik
No abstract provided.
The Kalamazoo Promise As A Model For An American Promise, Timothy J. Bartik, Michelle Miller-Adams
The Kalamazoo Promise As A Model For An American Promise, Timothy J. Bartik, Michelle Miller-Adams
Timothy J. Bartik
No abstract provided.
Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy J. Bartik
Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy J. Bartik
Timothy J. Bartik
This paper considers how a state such as Michigan can increase the economic development benefits of higher education. Research evidence suggests that higher education increases local economic development principally by increasing the quality of the local workforce, and secondarily by increasing local innovative ideas. These economic development benefits of higher education can be increased by: 1) competent management of conventional economic development programs that focus on business attraction and retention; 2) policies that focus on increasing local job skills by educating the state's residents, as opposed to attracting in-migrants; 3) policies that address specific "market failures" in how higher education …
The Local Economic Impact Of "Eds & Meds": How Policies To Expand Universities And Hospitals Affect Metropolitan Economies, Timothy Bartik, George Erickcek
The Local Economic Impact Of "Eds & Meds": How Policies To Expand Universities And Hospitals Affect Metropolitan Economies, Timothy Bartik, George Erickcek
Timothy J. Bartik
No abstract provided.
Higher Education, The Health Care Industry And Metropolitan Regional Economic Development: What Can "Eds & Meds" Do For The Economic Fortunes Of A Metro Area’S Residents?, Timothy J. Bartik, George A. Erickcek
Higher Education, The Health Care Industry And Metropolitan Regional Economic Development: What Can "Eds & Meds" Do For The Economic Fortunes Of A Metro Area’S Residents?, Timothy J. Bartik, George A. Erickcek
Timothy J. Bartik
No abstract provided.
The Effects Of The Kalamazoo Promise Scholarship On Post-Secondary Educational Attainment: Implications For The Benefits And Costs Of Generous And Universal College Subsidies, Marta Lachowska, Timothy Bartik, Brad Hershbein
The Effects Of The Kalamazoo Promise Scholarship On Post-Secondary Educational Attainment: Implications For The Benefits And Costs Of Generous And Universal College Subsidies, Marta Lachowska, Timothy Bartik, Brad Hershbein
Timothy J. Bartik
In order to study whether universal college scholarships can reduce inequality in education, we study one aspect of the Kalamazoo Promise that resembles a “natural experiment.” We use the fact that the surprise announcement of the scholarship created a large change in expected college tuition costs that varied across different groups of students based on past enrollment decisions. Using a differences-in-differences analysis, we compare the outcomes of Promise-eligible students to ineligible students, before and after the Promise. Outcomes studied include college enrollment, whether the student has obtained a college degree, and after-college earnings. We use the economical and racial diversity …
Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy Bartik
Increasing The Economic Development Benefits Of Higher Education In Michigan, Timothy Bartik
Timothy J. Bartik
No abstract provided.