
Contents
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1.1 The Relationship Between College Enrollment and Collegiate Attainment 1.1 The Relationship Between College Enrollment and Collegiate Attainment
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1.2 Explaining College Completion and Extended Time to Degree 1.2 Explaining College Completion and Extended Time to Degree
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1.2.1 Framework and Its Failure 1.2.1 Framework and Its Failure
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1.2.2 Violations of the Assumptions in the Basic Investment Analysis 1.2.2 Violations of the Assumptions in the Basic Investment Analysis
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Individual Constraints Individual Constraints
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Supply-Side Constraints in Higher Education Supply-Side Constraints in Higher Education
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Uncertainty, Information, and College Persistence Uncertainty, Information, and College Persistence
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Option Value Option Value
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Systematic Mistakes: Psychological Explanations Systematic Mistakes: Psychological Explanations
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1.3 Empirical Evidence on the Divergence 1.3 Empirical Evidence on the Divergence
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1.3.1 Demand Side: Individual Choices 1.3.1 Demand Side: Individual Choices
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Parental Financial Resources and Credit Constraints Parental Financial Resources and Credit Constraints
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Demographics and Compositional Changes Demographics and Compositional Changes
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Student Achievement Student Achievement
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1.3.2 Supply Determinants and Public Policy 1.3.2 Supply Determinants and Public Policy
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Market Structure: Changes in Institutional Shares Market Structure: Changes in Institutional Shares
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State Higher Education Policy State Higher Education Policy
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Tuition Tuition
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Federal Policy Federal Policy
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1.4 Implications for Future Research and Policy Tradeoffs 1.4 Implications for Future Research and Policy Tradeoffs
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Appendix A Appendix A
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College Enrollment and BA Degree Outcomes College Enrollment and BA Degree Outcomes
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Higher Education Finance Variables Higher Education Finance Variables
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References References
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Comment Comment
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A Model of College Attendance and College Completion A Model of College Attendance and College Completion
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A Model of Delayed Schooling A Model of Delayed Schooling
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Conclusion Conclusion
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References References
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1 Going to College and Finishing College: Explaining Different Educational Outcomes
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Published:October 2004
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Abstract
This chapter documents the changing relationship between college enrollment and college completion, examines the factors responsible for these shifts, and considers their implications. In doing so, the chapter sets a new direction for higher education research by documenting the gap between enrollment rates and completions and identifying the universe of possible explanations. The first section discusses the measurement of college enrollment and college completion, focusing on the intersection of results from a range of different data sources. The second section sets out a basic framework for analysis, starting with the human capital investment model, and outlines explanations for why individuals who begin college do not complete it or complete it in an extended period of time. The chapter provides empirical evidence distinguishing the explanatory role of these various factors. The concluding section summarizes the challenges for future research and suggests some implications for policy and data collection.
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