Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/126268
Authors: 
Bartik, Timothy J.
Hershbein, Brad J.
Lachowska, Marta
Year of Publication: 
2015
Series/Report no.: 
Upjohn Institute Working Paper 15-229
Abstract: 
We estimate the effects on postsecondary education outcomes of the Kalamazoo Promise, a generous place-based college scholarship. We identify Promise effects using difference-indifferences, comparing eligible to ineligible graduates before and after the Promise's initiation. According to our estimates, the Promise significantly increases college enrollment, college credits attempted, and credential attainment. Stronger effects occur for minorities and women. Predicted lifetime earnings effects of the Promise's credential gains, compared to the Promise's scholarship costs, represent an internal rate of return of 11.3 percent. Based on our results, simple and generous scholarships can significantly increase educational attainment and provide net economic benefits.
Subjects: 
place-based scholarship
enrollment
college completion
natural experiment
difference-in-differences
education policy
JEL: 
I21
I22
I24
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
506.32 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.