Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Adult earnings (1)
- African American students (1)
- Benefit cost analysis (1)
- Benefit-cost analysis (1)
- College access (1)
-
- College completion (1)
- College scholarships (1)
- Colleges (1)
- Crime reduction (1)
- Degree attainment (1)
- Difference-in-differences (1)
- Early education (1)
- Enrollment (1)
- Financial aid policy (1)
- Grade retention (1)
- Higher education (1)
- Kalamazoo (1)
- Kalamazoo Promise (1)
- Michigan (1)
- Natural experiment (1)
- Oklahoma (1)
- Place based scholarship (1)
- Postsecondary education (1)
- Preschool (1)
- Student retention (1)
- Tulsa (1)
- Universal policies (1)
- Universal pre-K (1)
- Universal scholarships (1)
- Universities (1)
Articles 1 - 2 of 2
Full-Text Articles in Education
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
Timothy J. Bartik
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 …
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 …