Search Results
Journal Article
The Changing Role of Family Income in College Selection and Beyond
Leukhina, Oksana
(2023-07-14)
Previous literature has established that the role of family income has grown substantially at predicting college entry decisions when comparing the 1979 and 1997 National Longitudinal Surveys of Youth (e.g., Belley and Lochner (2007)). In this article, I further examine the changing role of family income as a determinant of college quality choice, degree attainment, and post-schooling earnings. I document that the role of family income has remained important and relatively stable at explaining college quality choice, its importance increasing only for the choice of four- over two-year ...
Review
, Volume 105
, Issue 3
, Pages 198-222
Report
Underemployment in the early careers of college graduates following the Great Recession
Abel, Jaison R.; Deitz, Richard
(2015-12-01)
Though labor market conditions steadily improved following the Great Recession, underemployment among recent college graduates continued to climb, reaching highs not seen since the early 1990s. In this paper, we take a closer look at the jobs held by underemployed college graduates in the early stages of their careers during the first few years after the Great Recession. Contrary to popular perception, we show that relatively few recent graduates were working in low-skilled service jobs, and that many of the underemployed worked in fairly well paid non-college jobs requiring some degree of ...
Staff Reports
, Paper 749
Discussion Paper
Anchor Institution Strategies in the Southeast: Working with Hospitals and Universities to Support Inclusive Growth
Fazili, Sameera
(2019-12-01)
Engaging universities and hospitals to address economic disparities—often referred to as anchor institution strategies—has been understudied in the Southeast. The author examines efforts to launch anchor institution strategies in the Southeast. First, the author reviews the anchor institution concept in economic development, noting how the strategy has evolved from single institutions focusing on a set of neighborhoods to expanding to multi-institution collaboratives that attempt to tackle economic inequalities at a city or regional level. Second, the author offers case studies of New ...
FRB Atlanta Community and Economic Development Discussion Paper
, Paper 2019-02
Journal Article
The Rise and Fall of College Tuition Inflation
Bundick, Brent; Pollard, Emily
(2019-01)
The cost of college tuition increased rapidly from 1980 to 2004 at a rate of about 7 percent per year, significantly outpacing the overall inflation rate. Since 2005, college tuition inflation has slowed markedly and has averaged closer to 2 percent per year for the last few years. Understanding what drives tuition inflation is important for predicting future tuition as well as personal income mobility. However, untangling the various supply and demand factors influencing college tuition can be challenging. {{p}} Brent Bundick and Emily Pollard document changes in college tuition inflation ...
Economic Review
, Issue Q I
, Pages 57-75
Working Paper
WHERE DO STUDENTS GO WHEN FOR-PROFIT COLLEGES LOSE FEDERAL AID?
Turner, Lesley; Darolia, Rajeev; Cellini, Stephanie
(2017-05-04)
Recent federal investigations and new regulations have resulted in restrictions on for-profit institutions? access to federal student aid. We examine the enrollment effects of similar restrictions imposed on over 1,200 for-profit colleges in the 1990s. Using variation in regulations linked to student loan default rates, we estimate the impact of the loss of federal aid on the enrollment of Pell Grant recipients in sanctioned institutions and their local competitors. Enrollment in a sanctioned for-profit college declines by 53 percent in the five years following a sanction. For-profit ...
Working Papers
, Paper 17-12
Working Paper
Predicting College Closures and Financial Distress
Kelchen, Robert; Ritter, Dubravka; Webber, Douglas A.
(2025-01-06)
In this paper, we assemble the most comprehensive dataset to date on the characteristics of colleges and universities, including dates of operation, institutional setting, student body, staff, and finance data from 2002 to 2023. We provide an extensive description of what is known and unknown about closed colleges compared with institutions that did not close. Using this data, we first develop a series of predictive models of financial distress, utilizing factors like operational revenue/expense patterns, sources of revenue, metrics of liquidity and leverage, enrollment/staff patterns, and ...
Finance and Economics Discussion Series
, Paper 2025-003
Working Paper
Who Has the Time? Community College Students’ Time-Use Response to Financial Incentives
Barrow, Lisa; Rouse, Cecilia Elena; McFarland, Amanda
(2020-01-01)
We evaluate the effect of performance-based scholarship programs for postsecondary students on student time use and effort and whether these effects are different for students we hypothesize may be more or less responsive to incentives. To do so, we administered a time-use survey as part of a randomized experiment in which community college students in New York City were randomly assigned to be eligible for a performance-based scholarship or to a control group that was only eligible for the standard financial aid. This paper contributes to the literature by attempting to get inside the ...
Working Paper Series
, Paper WP 2020-03
Working Paper
Making the (Letter) Grade: The Incentive Effects of Mandatory Pass/Fail Courses
Butcher, Kristin F.; McEwan, Patrick; Weerapana, Akila
(2022-11)
In Fall 2014, Wellesley College began mandating pass/fail grading for courses taken by first-year, first-semester students, although instructors continued to record letter grades. We identify the causal effect of the policy on course choice and performance, using a regression-discontinuity-in-time design. Students shifted to lower-grading STEM courses in the first semester, but did not increase their engagement with STEM in later semesters. Letter grades of first-semester students declined by 0.13 grade points, or 23% of a standard deviation. We evaluate causal channels of the grade ...
Working Paper Series
, Paper WP 2022-55
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of New York 8 items
Federal Reserve Bank of St. Louis 8 items
Board of Governors of the Federal Reserve System (U.S.) 5 items
Federal Reserve Bank of Philadelphia 5 items
Federal Reserve Bank of Boston 3 items
Federal Reserve Bank of Chicago 3 items
Federal Reserve Bank of Atlanta 2 items
Federal Reserve Bank of Cleveland 2 items
Federal Reserve Bank of Kansas City 1 items
Federal Reserve Bank of Minneapolis 1 items
Federal Reserve Bank of San Francisco 1 items
show more (6)
show less
FILTER BY Series
Working Papers 12 items
Staff Reports 7 items
Finance and Economics Discussion Series 5 items
Working Paper Series 4 items
Consumer Finance Institute discussion papers 2 items
FRB Atlanta Community and Economic Development Discussion Paper 2 items
Review 2 items
Economic Policy Review 1 items
Economic Review 1 items
New England Public Policy Center Research Report 1 items
Staff Report 1 items
Working Papers (Old Series) 1 items
show more (7)
show less
FILTER BY Content Type
FILTER BY Author
Leukhina, Oksana 6 items
Webber, Douglas A. 6 items
Hendricks, Lutz 5 items
Koreshkova, Tatyana 5 items
Ost, Ben 5 items
Pan, Weixiang 5 items
Zafar, Basit 5 items
Ritter, Dubravka 4 items
Chakrabarti, Rajashri 3 items
Kelchen, Robert 3 items
Webber, Douglas 3 items
Wiswall, Matthew 3 items
Barrow, Lisa 2 items
Fazili, Sameera 2 items
Hinrichs, Peter 2 items
McMillan, Lucy 2 items
Wu, Pinghui 2 items
Abel, Jaison R. 1 items
Armona, Luis 1 items
Brown, Meta 1 items
Bundick, Brent 1 items
Butcher, Kristin F. 1 items
Cai, Zhifeng 1 items
Cellini, Stephanie 1 items
Darolia, Rajeev 1 items
Deitz, Richard 1 items
Delavande, Adeline 1 items
Fos, Vyacheslav 1 items
Heathcote, Jonathan 1 items
Koedel , Cory 1 items
Krapf, Matthias 1 items
Liberman, Andres 1 items
Lovenheim, Michael 1 items
McEwan, Patrick 1 items
McFarland, Amanda 1 items
Morris, Wesley 1 items
Pollard, Emily 1 items
Reuben, Ernesto 1 items
Rouse, Cecilia Elena 1 items
Sartain, Lauren 1 items
Turner, Lesley 1 items
Ursprung, Heinrich W. 1 items
Valletta, Robert G. 1 items
Van der Klaauw, Wilbert 1 items
Weerapana, Akila 1 items
Yannelis, Constantine 1 items
Zhao, Bo 1 items
Zimmermann, Christian 1 items
show more (43)
show less
FILTER BY Jel Classification
J24 14 items
I22 12 items
I26 12 items
I21 9 items
J31 6 items
D81 4 items
D84 4 items
I24 4 items
D14 3 items
I28 3 items
J10 3 items
H52 2 items
H75 2 items
H81 2 items
J13 2 items
J15 2 items
J23 2 items
J64 2 items
O18 2 items
R1 2 items
R11 2 items
Z13 2 items
Z18 2 items
D12 1 items
D18 1 items
D82 1 items
E31 1 items
G23 1 items
G28 1 items
H21 1 items
H22 1 items
H77 1 items
I2 1 items
J12 1 items
J16 1 items
J21 1 items
J45 1 items
J62 1 items
show more (34)
show less
FILTER BY Keywords
higher education 8 items
human capital 7 items
college quality 6 items
Higher education 5 items
College major 4 items
College premium 4 items
Firm effect 4 items
Returns to institution 4 items
Wage decomposition 4 items
college majors 4 items
student loans 4 items
subjective expectations 4 items
tuition 3 items
Financial aid 2 items
affirmative action 2 items
anchor institutions 2 items
budget 2 items
college 2 items
college admissions 2 items
college persistence 2 items
credit card loans 2 items
credit constraints 2 items
default 2 items
economic development 2 items
economic mobility 2 items
enrollment 2 items
inclusive growth 2 items
procurement 2 items
revenue 2 items
small business 2 items
state appropriations 2 items
student debt 2 items
uncertainty 2 items
unemployment 2 items
universities 2 items
university 2 items
Budget 1 items
COVID-19 1 items
Closure 1 items
Club goods 1 items
College Tuition 1 items
College tuition 1 items
College, university 1 items
Demographic cliff 1 items
Education 1 items
Enrollment 1 items
Fertility 1 items
Fiscal challenge 1 items
Great Recession 1 items
IBR 1 items
ICR 1 items
IDR 1 items
ISA 1 items
Income inequality 1 items
Inflation 1 items
NEPPC 1 items
New England 1 items
Revenue 1 items
STEM 1 items
Tuition 1 items
appropriations 1 items
closure 1 items
college access 1 items
college choice 1 items
college graduates 1 items
college quality premium 1 items
college selection 1 items
competitiveness 1 items
contingent faculty 1 items
delinquency 1 items
demographic cliff 1 items
earnings 1 items
education quality 1 items
educational investment 1 items
family income 1 items
fertility 1 items
firm-specific premium 1 items
fiscal challenge 1 items
for-profit 1 items
for-profit colleges 1 items
for-profit schools 1 items
gender 1 items
gender differences 1 items
gender gap 1 items
grading policy 1 items
hospital 1 items
hospitals 1 items
incentives 1 items
income- contingent loans 1 items
income-based admissions 1 items
income-based repayment 1 items
income-contingent repayment 1 items
income-driven repayment 1 items
income-share agreements 1 items
information 1 items
intergenerational mobility 1 items
labor market dynamics 1 items
labor supply 1 items
life cycle. 1 items
marriage 1 items
overconfidence 1 items
pandemic 1 items
patent applications 1 items
postsecondary education 1 items
public finance of higher education 1 items
public universities 1 items
research productivity 1 items
returns to education 1 items
returns to major 1 items
risk aversion 1 items
school choice 1 items
segregation 1 items
state funding cuts 1 items
student loan repayment 1 items
underemployment 1 items
undermatch 1 items
show more (111)
show less