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Full-Text Articles in Education Economics

A Framework For Thinking About Law School Affordability, Sandy Baum, Accesslex Institute Dec 2018

A Framework For Thinking About Law School Affordability, Sandy Baum, Accesslex Institute

Commissioned Research

This research report, authored by Sandy Baum, Ph.D., explores the most constructive ways to think about the affordability of legal education in the context of trends in law school enrollment, prices, debt and employment. However, the report cautions that law school affordability cannot be evaluated through simple metrics; it must be measured by taking into account the lifetime value of the investment. The report was commissioned by AccessLex Institute to add to the public discourse about what makes law schools affordable for students in different circumstances.


The Price Of Graduate And Professional School: How Much Students Pay, Sandy Baum, Patricia Steele Jun 2018

The Price Of Graduate And Professional School: How Much Students Pay, Sandy Baum, Patricia Steele

Commissioned Research

Like tuition and fees for undergraduate students, prices for graduate and professional study have risen rapidly over time. But average published prices tell us little about how much students actually pay. Despite high sticker prices, many students enrolled in research doctoral degree programs pay no tuition and fees because institutional grant aid, fellowships and tuition waivers cover these charges. Master’s degree students and those in professional practice degree programs are much less likely to receive this assistance. In 2011–12, one-third of full-time graduate and professional degree students received grant aid from their institutions. This included 71 percent of research doctoral …


The Contracting Market For Law School Admissions In The United States, Robert Zemsky Mar 2018

The Contracting Market For Law School Admissions In The United States, Robert Zemsky

Grantee Research

This report summarizes the analysis of legal education market data, compiled by the American Bar Association and presented on the AccessLex website, by a research team from the University of Pennsylvania's Alliance for Higher Education and Democracy (AHEAD). Robert Zemsky served as principal investigator and Richard Morgan as principal analyst. The research was conducted over two years and yielded two PowerPoint presentations to AccessLex's annual research symposium.


After Graduate And Professional School: How Students Fare In The Labor Market, Sandy Baum, Patricia Steele Feb 2018

After Graduate And Professional School: How Students Fare In The Labor Market, Sandy Baum, Patricia Steele

Commissioned Research

This brief explores employment and earnings outcomes among advanced degree recipients. Examining these outcomes across degree, occupational and demographic categories paints a nuanced picture of the payoffs of graduate and professional education. This information is critical for prospective students and others seeking to assess the value of these degree programs.


Graduate And Professional School Debt: How Much Students Borrow, Sandy Baum, Patricia Steele Jan 2018

Graduate And Professional School Debt: How Much Students Borrow, Sandy Baum, Patricia Steele

Commissioned Research

There is wide variation in how students cover tuition and living expenses while they pursue graduate and professional degrees. Most research doctoral degree students attending public and private nonprofit schools benefit from generous institutional fellowships and assistant ships that cover a significant portion of their expenses. But master’s degree students in all sectors cover most of their expenses with earnings from employment and federal student loans. Borrowing is particularly important for professional degree students, most of whom have neither earnings from employment during the academic year nor grants and fellowships to cover tuition and living expenses while they are enrolled. …


Financing Graduate And Professional Education: How Students Pay, Sandy Baum, Patricia Steele Jan 2018

Financing Graduate And Professional Education: How Students Pay, Sandy Baum, Patricia Steele

Commissioned Research

This brief examines how students finance their graduate and professional education. It summarizes the sources of funds used to cover the tuition and fees universities charge, as well as living expenses. Institutions set a “cost of attendance” (COA) for students, estimating the average budget for one academic year (fall through spring). COA includes tuition and fees, books and supplies, room and board, transportation, and other living expenses, and it establishes the maximum amount students can borrow in federal student loans to attend a particular school. These official budgets serve as the foundation for the discussion that follows about how graduate …