Journal article
Efficient enrollments using high tuition-high aid
Journal of policy modeling, Vol.43(3), pp.543-557
05/01/2021
DOI: 10.1016/j.jpolmod.2021.03.003
Abstract
The goal of high tuition-high aid is to charge high-pay residents the nonresident tuition net of the state subsidy to support low-income residents. This approach often ignores differences in program costs and presumes the state appropriation will not react. Here tuition and subsidy structures are developed as rules in a welfare-maximization framework. Once fixed costs are accommodated, low-pay resident enrollments can be admitted at marginal cost, thereby achieving efficient enrollments. The models are applied to Penn State University, where it is shown that high tuition-high aid can approximate actual tuition policy, accommodate enrollments of low-income students, and increase total welfare.
Details
- Title: Subtitle
- Efficient enrollments using high tuition-high aid
- Creators
- Gary Fethke - University of Iowa
- Resource Type
- Journal article
- Publication Details
- Journal of policy modeling, Vol.43(3), pp.543-557
- DOI
- 10.1016/j.jpolmod.2021.03.003
- ISSN
- 0161-8938
- eISSN
- 1873-8060
- Publisher
- Elsevier Inc
- Number of pages
- 15
- Language
- English
- Date published
- 05/01/2021
- Academic Unit
- Business Analytics
- Record Identifier
- 9984963043002771
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