Location

Jereld R. Nicholson Library: Grand Avenue

Subject Area

Economics

Description

This paper investigates the effects of financial factors on the yield rates of Bachelor of Arts and Sciences colleges. We define the yield rate as the percentage of students accepted who choose to enroll. Our data is drawn from the Integrated Post-secondary Education Data System (IPEDS) and consists of 107 Bachelor of Arts and Sciences colleges during the period from 2010 to 2016. Controlling for institutional factors, we find that the responses of the yield rate to increases in federal student loans and increases in tuition and room and board costs are negative and inelastic, while the response to changes in grant aid is not statistically significant.

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Financial Determinants of Yield Rates for Bachelor of Arts and Sciences Colleges

Jereld R. Nicholson Library: Grand Avenue

This paper investigates the effects of financial factors on the yield rates of Bachelor of Arts and Sciences colleges. We define the yield rate as the percentage of students accepted who choose to enroll. Our data is drawn from the Integrated Post-secondary Education Data System (IPEDS) and consists of 107 Bachelor of Arts and Sciences colleges during the period from 2010 to 2016. Controlling for institutional factors, we find that the responses of the yield rate to increases in federal student loans and increases in tuition and room and board costs are negative and inelastic, while the response to changes in grant aid is not statistically significant.