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The College Admissions Problem: Effects Of Income And Ability Of Postsecondary Education Outcomes, Martha Whamond
The College Admissions Problem: Effects Of Income And Ability Of Postsecondary Education Outcomes, Martha Whamond
Honors Theses
This paper examines the effects of students’ pre-college income on student outcomes and college admissions decisions. Under the assumption that colleges maximize utility by maximizing student outcomes, a two-stage regression model for student outcomes is building using data from the Integrated Postsecondary Education Data System (IPEDS) and the 1997 National Youth Longitudinal Survey (NLSY97). The first stage estimates a model for college quality using the IPEDS dataset. The college quality estimates are then used as independent variables in the second stage. The second stage estimates student outcomes as a function of pre- college income, ability, college quality, and demographic characteristics …