Showing papers by "Sarah Turner published in 2006"
Posted Content•
TL;DR: The authors found that large cohorts within states have relatively low undergraduate degree attainment, reflecting less than perfect elasticity of supply in the higher education market, indicating that resources have large effects on degree production and that reduced resources per student following from a rising cohort size and lower state expenditures are likely to have significant negative effects on the supply of college-educated workers entering the labor market.
Abstract: Analyses of college attainment typically focus on factors affecting enrollment demand, including the financial attractiveness of a college education and the availability of financial aid, while implicitly assuming that resources available per student on the supply side of the market are elastically supplied The higher education market in the United States is dominated by public and non-profit production, and colleges and universities receive considerable subsidies from state, federal, and private sources Because consumers pay only a fraction of the cost of production, changes in demand are unlikely to be accommodated fully by colleges and universities without commensurate increases in non-tuition revenue For this reason, public investment in higher education plays a crucial role in determining the degrees produced and the supply of college-educated workers to the labor market Using data covering the last half of the twentieth century, we find strong evidence that large cohorts within states have relatively low undergraduate degree attainment, reflecting less than perfect elasticity of supply in the higher education market That large cohorts receive lower public subsidies per student in higher education explains this result, indicating that resources have large effects on degree production Our results suggest that reduced resources per student following from rising cohort size and lower state expenditures are likely to have significant negative effects on the supply of college-educated workers entering the labor market
232 citations
TL;DR: In this article, the authors argue that whether the most selective and resource-intensive colleges and universities are successful in serving as "engines of opportunity" rather than "bastions of privilege" depends on the extent to which they serve as engines of opportunity.
Abstract: Whether the nation's most selective and resource-intensive colleges and universities are successful in serving as "engines of opportunity" rather than "bastions of privilege" depends on the extent ...
90 citations
Posted Content•
TL;DR: The authors found that large cohorts within states have relatively low undergraduate degree attainment, reflecting less than perfect elasticity of supply in the higher education market, indicating that resources have large effects on degree production and that reduced resources per student following from rising cohort size and lower state expenditures are likely to have significant negative effects on the supply of college-educated workers entering the labor market.
Abstract: Analyses of college attainment typically focus on factors affecting enrollment demand, including the financial attractiveness of a college education and the availability of financial aid, while implicitly assuming that resources available per student on the supply side of the market are elastically supplied. The higher education market in the United States is dominated by public and non-profit production, and colleges and universities receive considerable subsidies from state, federal, and private sources. Because consumers pay only a fraction of the cost of production, changes in demand are unlikely to be accommodated fully by colleges and universities without commensurate increases in non-tuition revenue. For this reason, public investment in higher education plays a crucial role in determining the degrees produced and the supply of college-educated workers to the labor market. Using data covering the last half of the twentieth century, we find strong evidence that large cohorts within states have relatively low undergraduate degree attainment, reflecting less than perfect elasticity of supply in the higher education market. That large cohorts receive lower public subsidies per student in higher education explains this result, indicating that resources have large effects on degree production. Our results suggest that reduced resources per student following from rising cohort size and lower state expenditures are likely to have significant negative effects on the supply of college-educated workers entering the labor market.
50 citations
TL;DR: In this article, the authors project the test score distribution of black and white college applicants 25 years from now, focusing on the role of black-white family income gaps and show that economic progress alone alone is unlikely to narrow the achievement gap enough in 25 years to produce today's racial diversity levels with race-blind admissions.
Abstract: In Grutter v Bollinger (2003), Justice Sandra Day O’Connor conjectured that in 25 years affirmative action in college admissions will be unnecessary We project the test score distribution of black and white college applicants 25 years from now, focusing on the role of black-white family income gaps Economic progress alone is unlikely to narrow the achievement gap enough in 25 years to produce today’s racial diversity levels with race-blind admissions A return to the rapid black-white test score convergence of the 1980s could plausibly cause black representation to approach current levels at moderately selective schools, but not at the most selective schools
43 citations