University tuition typically remains constant throughout years of enroll- ment while delayed degree completion is an increasing problem for many academic institutions around the world. Theory suggests that if contin- uation tuition were raised the probability of late graduation would be reduced. Using a Regression Discontinuity Design on data from Bocconi University in Italy, we show that an increase of 1,000 euro in continua- tion tuition reduces the probability of late graduation by 5.2 percentage points with respect to a benchmark average probability of 80%. We also show that this decline in the probability of late graduation is not associ- ated with an increase in the dropout rate or with a fall in the quality of students’ performance as measured by the final graduation mark.
College cost and time to complete a degree: Evidence from tuition discontinuity / A. Ichino; P. Garibaldi; F. Giavazzi; E. Rettore. - In: THE REVIEW OF ECONOMICS AND STATISTICS. - ISSN 0034-6535. - STAMPA. - 94:(2012), pp. 699-711. [10.1162/REST_a_00195]
College cost and time to complete a degree: Evidence from tuition discontinuity
ICHINO, ANDREA;
2012
Abstract
University tuition typically remains constant throughout years of enroll- ment while delayed degree completion is an increasing problem for many academic institutions around the world. Theory suggests that if contin- uation tuition were raised the probability of late graduation would be reduced. Using a Regression Discontinuity Design on data from Bocconi University in Italy, we show that an increase of 1,000 euro in continua- tion tuition reduces the probability of late graduation by 5.2 percentage points with respect to a benchmark average probability of 80%. We also show that this decline in the probability of late graduation is not associ- ated with an increase in the dropout rate or with a fall in the quality of students’ performance as measured by the final graduation mark.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.