Economics Commons^™

Higher Education Savings And Planning: Tax And Nontax Considerations, F. Philip Manns Jr., Timothy M. Todd

Texas A&M Law Review

Funding higher education is among the critical financial decisions made by individuals and families. There are myriad options. Yet, the conventional wisdom—namely using Section 529 Plans—may not be the optimal vehicle to effectuate this goal. Therefore, this Article discusses various strategies to plan, save, and pay for higher education. It compares various savings methods including gifts, UTMA accounts, Section 529 Plans, trusts, and other vehicles. The analysis explores both tax and non-tax considerations, including the effect of different strategies on financial aid, transaction costs, investor control, income taxes, gift and estate taxes, flexibility, and creditor protection. This Article concludes that …

Segregation Of Student Financial Aid In Higher Education: The Effects On Low-Income Students When Ebt Is Not Accepted At University Campuses In San Diego, Ca., Tanisha-Jean Martin

M.A. in Leadership Studies: Capstone Project Papers

The student bodies of universities are made up of a diverse financial class of students which utilize various methods to cover financial obligations on campus, even with the use of welfare governmental assistance. Low-income students that are involved in government welfare programs are given an Electronic Benefit Transfer (EBT) card to support them while they are pursuing an education; however, every university in San Diego, CA (and nearly the entire United States), segregate EBT into an unacceptable category and refuse to accept the card at any venues on campus. The EBT card is a plastic card that can be used …

Teacher Interpretations Of Moneyskill®, Thomas Lucey, Elizabeth White, Aline André

The Councilor: A National Journal of the Social Studies

While much scholarship concerns the efforts to teach children and youth about personal finances, much less, if any, research concerns efforts of practicing teachers to evaluate and interpret financial curricula for schools. This paper conveys the results of a research study that interpreted teachers’ responses the high school modules associated with the Moneyskill® online education program. A convenience sample of teachers enrolled in a graduate level diversity course as a large teacher education institution in the Midwest completed assigned MoneySKILL modules and participated in group online reflections. Participants in the study interpreted the content as appropriate and relevant. They also …

Review Of "Innovations In Economic Education: Promising Practices For Teachers And Students, K-16", Stephen H. Day

The Councilor: A National Journal of the Social Studies

No abstract provided.

Curriculum Review: The Understanding Fiscal Responsibility Lesson Materials, Scott W. Dewitt, Nick Dilley

The Councilor: A National Journal of the Social Studies

No abstract provided.

We Shall See: Critical Theory And Structural Inequality In Economics, Neil Graham Shanks

The Councilor: A National Journal of the Social Studies

This paper seeks to provide educators with a critique of dominant narratives through the disciplinary tools of economics. Specifically; issues of race, gender, and geography are addressed via the common economic subjects of fiscal and monetary policy, economic indicators, wages, and economic growth. By providing a practical blueprint for a more critical curriculum in economics, these lessons and the literature that supports them demonstrates the potential of teachers to challenge taken-for-granted notions of what economics is and what it is for.

Teaching Unemployment Across The Curriculum, Natalia Smirnova

The Councilor: A National Journal of the Social Studies

The Economics-Across-the-Curriculum approach encourages the integration of economic concepts into various disciplines. This paper describes several creative lesson ideas about teaching Unemployment which were field-tested by high-school teachers who attended a multi-day workshop at a not-for-profit institution in Massachusetts. We hope that these ideas will inspire high school teachers to try them in their classrooms. Any subject area can be a fruitful ground for the infusion of economics, economic text analyses, or quantitative literacy concepts.

Noodlenomics: Using Pool Noodles To Teach Supply And Demand, Jennifer Leigh Logan, Marsha Clayton

The Councilor: A National Journal of the Social Studies

Supply and demand is a fundamental part of economics at the junior high school, high school and college level. Although it is very important for students to understand and apply this analytical tool, many are turned off by the graph as well as the labels needed. This paper offers techniques for making supply and demand easier for students to comprehend. The classroom activities are mainly designed for teachers of middle school and high school economics, but can also be used as a fun and easy introduction to the concept in a college classroom as well.

Review Of "The Roman Guide To Save Management: A Treatise By Nobleman Marcus Sidonius Falx", Allison Thomason

The Councilor: A National Journal of the Social Studies

No abstract provided.

Introduction To The Special Issue Of The Councilor On Economic Education, Mary Beth Henning

The Councilor: A National Journal of the Social Studies

Written by the guest editor, Mary Beth Henning, this is the introduction to the special issue of The Councilor focused on economic education.

The Impact Of Gap Years On Academic Outcomes For Women: A Case Study From The Missionary Age Change, Margaret Marchant

Undergraduate Honors Theses

Young adults throughout the United States and other countries participate in “gap years,” or time away from school, often for travel, work, or volunteering. This practice is promoted as a way to mature and refocus. However, some worry that it lowers the likelihood of college completion. Previous literature has investigated the academic, social, and personal benefits of gap years with mixed results; however selection into gap years confounds the true impact with unobservable personal characteristics. To overcome selection issues, I exploit an exogenous policy change that lowered age requirements for missionary service, a unique type of gap year, resulting in …

What Factors Drive Individual Misperceptions Of The Returns To Schooling In Tanzania? Some Lessons For Education Policy, Plamen Nikolov, Nursat Jimi

Economics Faculty Scholarship

Evidence on educational returns and the factors that determine the demand for schooling in developing countries is extremely scarce. Building on previous studies that show individuals underestimating the returns to schooling, we use two surveys from Tanzania to estimate both the actual and perceived schooling returns and subsequently examine what factors drive individual misperceptions regarding actual returns. Using ordinary least squares and instrumental variable methods, we find that each additional year of schooling in Tanzania increases earnings, on average, by 9 to 11 percent. We find that on average individuals underestimate returns to schooling by 74 to 79 percent and …

The Relationship Between Financial Literacy, Financial Status, And Academic Success In College Students, Brian Douglas Brausch

Dissertations

As the cost of college continues to rise, an increasing number of students are relying on loans and credit cards to fund their postsecondary education. In an effort to curb student debt and increase retention and graduation rates, many universities have begun to offer financial literacy initiatives to stimulate financial knowledge and promote positive money management behaviors.

This study examines the relationship between a for-credit personal financial literacy course and student academic success and economic status. Students who took a personal finance course during their first or second year of college are compared to a random sampling of students who …

Department Of Economics Newsletter, V23, Spring 2018, University Of Northern Iowa. Department Of Economics.

Department of Economics Newsletter

Inside this issue:
-- Scholarship News
-- Contributions
-- Alumni News
-- Executive in Residence
-- Alumni-in-Residence
-- Student Writing - Undergraduate Research Program
-- Internships and Co-ops
-- Shahina Amin named Lawrence M. Jepson International Professor
-- Who is Lawrence M. Jepson?
-- Italy Trip - 2017
-- Economics Club
-- Homecoming Open House - October 2017
-- Department Retirements
-- New Faculty
-- Faculty Recognition
-- Faculty/Staff Updates
-- Economics Department Faculty and Staff
-- From Faculty - Tax Code Changes May Affect Free Agency
-- The Amazing Amazon!
-- The Final Word

Is Education A Waste Of Time And Money?, Michael Hemesath

Administration Publications

No abstract provided.

Entrepreneurship Education Empowers Youth To Change Their Lives, Marianna Brashear, Jason Riddle

National Youth Advocacy & Resilience Conference

The Foundation for Economic Education (FEE) aims at equipping Title 1 schools with free, hands-on, engaging materials that any teacher can facilitate either individually or in a classroom setting with no background in entrepreneurship necessary. These versatile lessons, courses, and workshops teach the entrepreneurial mindset optimizing opportunities for grades 8-12 students no matter which life/career path they choose.

Reflections On A Liberal Arts Education: Part Iii, Michael Hemesath

Administration Publications

No abstract provided.

Degrees Of Poverty: The Relationship Between Family Income Background And The Returns To Education, Timothy J. Bartik, Brad J. Hershbein

Upjohn Institute Working Papers

Drawing on the Panel Study of Income Dynamics, we document a startling empirical pattern: the career earnings premium from a four-year college degree (relative to a high school diploma) for persons from low-income backgrounds is considerably less than it is for those from higher-income backgrounds. For individuals whose family income in high school was above 1.85 times the poverty level, we estimate that career earnings for bachelor’s graduates are 136 percent higher than earnings for those whose education stopped at high school. However, for individuals whose family income during high school was below 1.85 times the poverty level, the career …

Education As A Catalyst For Socio-Economic Development In South Africa, Singapore Management University

Perspectives@SMU

In order to progress socially and economically, a united South Africa will have to focus on an education sector hindered by apartheid era policies.

Using The Quantitative Literacy And Reasoning Assessment (Qlra) For Early Detection Of Students In Need Of Academic Support In Introductory Courses In A Quantitative Discipline: A Case Study, Nathan D. Grawe, Kristin O'Connell

Numeracy

As the number of young people attending college has increased, the diversity of college students’ educational backgrounds has also risen. Some students enter introductory courses with math anxiety or gaps in their quantitative training that impede their ability to master or even grasp relevant disciplinary content. Too often professors learn of these anxieties and gaps only during the post mortem of the first midterm. By that time, a good portion of a student’s grade is determined and successful recovery may be impossible. During the 2016-17 academic year, the Department of Economics at Carleton College ran a pilot project using the …

Measuring Faculty Teaching Effectiveness Using Conditional Fixed Effects, Maia K. Linask, James Monks

Economics Faculty Publications

Using a dataset of 48 faculty members and 88 courses over 26 semesters, the authors estimate Student Evaluation of Teaching (SET) ratings that are conditional on a multitude of course, faculty, and student attributes. They find that ratings are lower for required courses and those where students report a lower prior level of interest. Controlling for these variables substantially alters the SET ratings for many instructors. The average absolute value of the difference between the faculty ratings controlling just for time effects and fully conditional ratings is nearly one-half of a standard deviation in the students’ rating of how much …

Vocational Training Programs And Youth Labor Market Outcomes: Evidence From Nepal, S Chakravarty, M Lundberg, Plamen Nikolov, J Zenker

Economics Faculty Scholarship

Lack of skills is arguably one of the most important determinants of high levels of unemployment and poverty. In response, policymakers often initiate vocational training programs in efforts to enhance skill formation among the youth. Using a regression-discontinuity design, we examine a large youth training intervention in Nepal. We find, twelve months after the start of the training program, that the intervention generated an increase in non-farm employment of 10 percentage points (ITT estimates) and up to 31 percentage points for program compliers (LATE estimates). We also detect sizable gains in monthly earnings largely driven by women who start self-employment …

Higher Education Student Debt & Tuition Costs, K. Harrison Maloy Jr

Electronic Theses and Dissertations

U.S. higher education tuition costs have risen at nearly double the rate of inflation over the past forty years. In 2012, student loan delinquency rose to 12% and surpassed credit card delinquency rates as the top category of consumer debt delinquency. Meanwhile, recently enacted federal policies advocate for increased higher education accessibility, affordability and attainability, but simultaneously promote educational institutions to increase spending with funds fueled by student debt. The growth of $136.8 billion in student loan delinquency has triggered decreasing participation in non-student debt markets by people with student loan debt. Fortunately, Americans continue to enroll in colleges at …

Duratable Enterprises Inc., Spencer D. Evans, Hal B. Heaton

The Journal of Entrepreneurial Finance

In late 2017, DuraTable received a number of unsolicited inquiries regarding its interest in selling out in a going private transaction, mostly from private equity firms. Since the chairman of the board and founder, Gary Reynolds, was approaching retirement age and the largest single shareholder who had provided the seed capital to start the company was over 80 years old, Mr. Reynolds was willing to consider a sale and provided information to four or five of them to prepare bids. DuraTable was a closely held company with relatively few individuals holding the vast majority of shares. As such, DuraTable’s shares …

Teacher Training For Phd Students And New Faculty In Economics, Sam Allgood, Gail Hoyt, Kimmarie Mcgoldrick

Economics Faculty Publications

Past studies suggest that a majority of economics graduate students engage in teaching-related activities during graduate school and many go on to academic positions afterwards. However, not all graduate students are formally prepared to teach while in graduate school nor are they fully prepared to teach in their first academic position. The authors characterize current teaching experience and training of graduate students from the point of view of directors of graduate studies and of newly minted academic economists. The authors also query department chairs and new faculty about teacher training, support available for new faculty, and the degree to which …

The Gender Gap In Economics Degrees: An Investigation Of The Role Model And Quantitative Requirement Hypotheses, Tisha L. N. Emerson, Kimmarie Mcgoldrick, John J. Siegfried

Economics Faculty Publications

Using a panel of 159 institutions over 10 years, we investigate the role model effect of women faculty and quantitative requirements on the female proportion of undergraduate economics majors. We find no evidence that female faculty attract female students. Calculus, however, does matter. A one semester calculus requirement is associated with more female majors at institutions offering business degrees and liberal arts colleges. A second semester calculus requirement deters women from majoring in economics at Ph.D.–granting universities, but is associated with more female majors at liberal arts colleges. Econometrics requirements are unrelated to the gender gap in economics majors.

The High Costs Of Large Enrollment Classes: Can Cooperative Learning Help?, Tisha L. N. Emerson, Linda K. English, Kimmarie Mcgoldrick

Economics Faculty Publications

We examine the potential for cooperative learning activities to offset costs of large enrollment courses. We use a quasi-experimental research design to examine achievement and course perceptions in small and large enrollment sections of microeconomic principles. While large enrollment sections attain lower levels of achievement (measured by course score) than those with smaller enrollments, this effect is partially mitigated by use of cooperative learning. Furthermore, while students in large enrollment sections report lower levels of satisfaction and learning than students in smaller sized classes, the use of cooperative learning eliminates the negative effects of increased class size on student perceptions.

The Effects Of Emerging Technology On Healthcare And The Difficulties Of Integration, Skyler J. Pavlish-Carpenter

Honors Undergraduate Theses

Background: Disruptive technology describes technology that is significantly more advanced than previous iterations, such as: 3D printing, genetic manipulation, stem cell research, innovative surgical procedures, and computer-based charting software. These technologies often require extensive overhauls to implement into older systems and must overcome many difficult financial and societal complications before they can be widely used. In a field like healthcare that makes frequent advancements, these difficulties can mean that the technology will not be utilized to its full potential or implemented at all.

Objective: To determine the inhibiting factors that prevent disruptive technology from being implemented in conventional healthcare.

Methods: …

A Lesson In Learning: Improving Learning Outcomes In India Via Pedagogical Innovation, Rhea Handa

Scripps Senior Theses

When delivered well, education is key to addressing a host of individual and societal ills, from poverty and disease to crime and poor voter engagement. India has demonstrated considerable progress in improving various aspects of its primary education system, including infrastructure and buildings, teacher-student ratios, and school enrollment. However, student learning outcomes remain consistently low across the country. A review of the literature surrounding learning outcomes has highlighted gaps in school instruction and has shown the dire need for innovations in pedagogy and curriculum to improve student learning. This paper assesses the long-term impact of one such pedagogy, called Teaching …

Educational Test Scores, Education Spending, And Productivity In Public Education: National Trends And Evidence Across States And Over Time, 1990-2015, John Garen, Rex Bray

Institute for the Study of Free Enterprise Working Papers

We examine national trends in educational funding, test score outcomes, and productivity as well as variations in funding and test scores over time and across states to assess how changes in educational spending are (or are not) related to changes in educational test score outcomes for states. National trends show small increases in test scores, large increases in educational funding (until the last recession), and a continued fall in educational productivity. The cross-state, over time analysis indicates a statistically significant but very small association of state funding to test scores; so small that large changes in funding have little effect …