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Discussion Paper
Hispanic Postsecondary Enrollment Increases Throughout the Fifth District
Colleges and universities across the country have become more racially and ethnically diverse over the last decade. While 62.6 percent of students enrolled in higher education in the U.S. identified as white in 2010, that rate had fallen to 54.0 percent in 2020. (Note: throughout the article, white refers to non-Hispanic white and Black refers to non-Hispanic Black.) The percentage of students identifying as Black also fell, declining from 15.0 percent in 2010 to 13.1 percent in 2020. So which minority groups experienced growth? While the Asian share of enrollment grew from 6.3 percent to 7.7 ...
Working Paper
Predicting College Closures and Financial Distress
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 ...
Journal Article
Male Labor Force Participation: Patterns and Trends