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Title: Spatial Variation in Higher Education Financing and the Supply of College Graduates
Resulting in 1 citation.
1. Kennan, John
Spatial Variation in Higher Education Financing and the Supply of College Graduates
NBER Working Paper No. 21065, National Bureau of Economic Research, April 2015.
Also: http://www.nber.org/papers/w21065.pdf
Cohort(s): NLSY79
Publisher: National Bureau of Economic Research (NBER)
Keyword(s): Census of Population; College Education; College Enrollment; Financial Assistance; Geocoded Data; Geographical Variation; Migration; State-Level Data/Policy

In the U.S. there are large differences across States in the extent to which college education is subsidized, and there are also large differences across States in the proportion of college graduates in the labor force. State subsidies are apparently motivated in part by the perceived benefits of having a more educated workforce. The paper extends the migration model of Kennan and Walker (2011) to analyze how geographical variation in college education subsidies affects the migration decisions of college graduates. The model is estimated using NLSY data, and used to quantify the sensitivity of migration and college enrollment decisions to differences in expected net lifetime income, focusing on how cross-State differences in public college financing affect the educational composition of the labor force. The main finding is that these differences have substantial effects on college enrollment, with no evidence that these effects are dissipated through migration. [Also presented at Atlanta GA, American Economic Association Annual Meeting, January 2019]
Bibliography Citation
Kennan, John. "Spatial Variation in Higher Education Financing and the Supply of College Graduates." NBER Working Paper No. 21065, National Bureau of Economic Research, April 2015.