Full Citation

Title: The Effects of the State Prepaid Tuition Program on College Attainment

Citation Type: Journal Article

Publication Year: 2021

ISBN:

ISSN:

DOI: 10.1515/bejeap-2020-0058

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Abstract: By locking in today’s tuition rate for future college attendance, the prepaid tuition program (PTP) is designed to encourage parents to invest in their children’s human capital. The purpose of this paper is to examine the effects of the state PTP on college attainment by using data from the 2011–2013 American Community Survey. By exploiting cross-state variation in the timing of the implementation of the state PTP, I found that the program adoption was associated with a 0.7–1.0 percentage point increase in college enrollment rates and a 0.5–0.7 percentage point increase in college completion rates.

Url: https://doi.org/10.1515/bejeap-2020-0058

User Submitted?: No

Authors: Shen, Ying

Periodical (Full): The B.E. Journal of Economic Analysis & Policy

Issue: 1

Volume: 21

Pages: 307-334

Data Collections: IPUMS USA

Topics: Education

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