The Impact of State-Funded Merit Aid on the Retention of College Graduates.
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| Title: | The Impact of State-Funded Merit Aid on the Retention of College Graduates. |
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| Authors: | Manic, Marian1 manicm@whitman.edu, Ptukhina, Marina2 |
| Source: | Review of Regional Studies. 2022, Vol. 52 Issue 2, p210-248. 39p. |
| Subject Terms: | *College graduates, *Regional development, *School dropout prevention, *Graduation rate, *Human capital, *Graduation (Education) |
| Abstract: | We investigate the relationship between broad-based merit aid programs sponsored by U.S. state-level governments and the retention of college graduates. The impact of these programs is still debated and research in this field is limited. Using a unique data set for the 1988-2015 period and employing a difference-in-differences approach with adjustments for endogeneity bias, we find that: 1) states offering merit aid have higher workforce retention rates of college graduates, 2) the effect is strongest immediately after graduation and decreases over time, and 3) states with larger spending on merit aid have higher average retention rates of graduates that may be weakening faster over time compared with lower-spending states. [ABSTRACT FROM AUTHOR] |
| Copyright of Review of Regional Studies is the property of Southern Regional Science Association Inc. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Education Research Complete |
| FullText | Links: – Type: pdflink Text: Availability: 0 |
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| Header | DbId: ehh DbLabel: Education Research Complete An: 158870429 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: The Impact of State-Funded Merit Aid on the Retention of College Graduates. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Manic%2C+Marian%22">Manic, Marian</searchLink><relatesTo>1</relatesTo><i> manicm@whitman.edu</i><br /><searchLink fieldCode="AR" term="%22Ptukhina%2C+Marina%22">Ptukhina, Marina</searchLink><relatesTo>2</relatesTo> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Review+of+Regional+Studies%22">Review of Regional Studies</searchLink>. 2022, Vol. 52 Issue 2, p210-248. 39p. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22College+graduates%22">College graduates</searchLink><br />*<searchLink fieldCode="DE" term="%22Regional+development%22">Regional development</searchLink><br />*<searchLink fieldCode="DE" term="%22School+dropout+prevention%22">School dropout prevention</searchLink><br />*<searchLink fieldCode="DE" term="%22Graduation+rate%22">Graduation rate</searchLink><br />*<searchLink fieldCode="DE" term="%22Human+capital%22">Human capital</searchLink><br />*<searchLink fieldCode="DE" term="%22Graduation+%28Education%29%22">Graduation (Education)</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: We investigate the relationship between broad-based merit aid programs sponsored by U.S. state-level governments and the retention of college graduates. The impact of these programs is still debated and research in this field is limited. Using a unique data set for the 1988-2015 period and employing a difference-in-differences approach with adjustments for endogeneity bias, we find that: 1) states offering merit aid have higher workforce retention rates of college graduates, 2) the effect is strongest immediately after graduation and decreases over time, and 3) states with larger spending on merit aid have higher average retention rates of graduates that may be weakening faster over time compared with lower-spending states. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Review of Regional Studies is the property of Southern Regional Science Association Inc. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
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| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.52324/001c.37970 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 39 StartPage: 210 Subjects: – SubjectFull: College graduates Type: general – SubjectFull: Regional development Type: general – SubjectFull: School dropout prevention Type: general – SubjectFull: Graduation rate Type: general – SubjectFull: Human capital Type: general – SubjectFull: Graduation (Education) Type: general Titles: – TitleFull: The Impact of State-Funded Merit Aid on the Retention of College Graduates. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Manic, Marian – PersonEntity: Name: NameFull: Ptukhina, Marina IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 05 Text: 2022 Type: published Y: 2022 Identifiers: – Type: issn-print Value: 0048749X Numbering: – Type: volume Value: 52 – Type: issue Value: 2 Titles: – TitleFull: Review of Regional Studies Type: main |
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