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New Evidence on the Economic Determinants of Postsecondary Schooling Choices

Winship C. Fuller, Charles F. Manski and David A. Wise
The Journal of Human Resources
Vol. 17, No. 4 (Autumn, 1982), pp. 477-498
DOI: 10.2307/145612
Stable URL: http://www.jstor.org/stable/145612
Page Count: 22
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New Evidence on the Economic Determinants of Postsecondary Schooling Choices
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Abstract

The effects of tuition costs, financial aid, and individual attributes on college choice are analyzed using a conditional logit model. The results confirm that financial aid can be an important determinant of postsecondary school attendance and that individual academic ability relative to the academic standards of a college is an important determinant of which of available college alternatives is chosen.

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