Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/124878 
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers No. 9371
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
State merit aid programs have been found to reduce the likelihood that students attend college out-of-state. Using the U.S. News & World Report rankings of colleges and universities to measure college quality and Integrated Postsecondary Education Data System data to measure enrollment, we explore how this reduction in out-of-state enrollment differs by the academic quality of the institution. Our results suggest that state merit aid programs do not reduce the likelihood that a student attends a top ranked school, but that these programs do reduce the likelihood of enrolling at less prestigious out-of-state schools, with generally larger effects the lower the ranking of the schools.
Subjects: 
merit aid
college choice
college quality
elite college
JEL: 
H31
I22
J24
Document Type: 
Working Paper

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