Crowded Colleges and College Crowd-Out: The Impact of Public Subsidies on the Two-Year College Market
Stephanie Riegg Cellini
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| Article Citation |
Cellini, Stephanie Riegg 2009. "Crowded Colleges and College Crowd-Out: The Impact of Public Subsidies on the Two-Year College Market." American Economic Journal: Economic Policy, 1(2): 1–30.
DOI:10.1257/pol.1.2.1
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| Abstract |
This study assesses the impact of an increase in funding for public
community colleges on the market for two-year college education,
considering both the effect on community college enrollments and
on the number of proprietary schools in a market. I draw on a new
administrative dataset of for-profit colleges in California and votes
on local community college bond referenda to implement a unique
regression discontinuity design. The results suggest that bond passage
diverts students from the private to the public sector and causes
a corresponding decline in the number of proprietary schools in the
market. (JEL H75, I22, I23)
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| Authors |
Cellini, Stephanie Riegg (George Washington U)
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| JEL Classifications |
H75: State and Local Government: Health, Education, and Welfare
I22: Educational Finance
I23: Higher Education and Research Institutions
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