The Impact of State-Funded Merit Aid on the Retention of College Graduates
On Monday October 17th at 4pm in Olin 201, Professors Marian Manic and Marina Ptukhina will discuss the impact of state-funded merit aid on the retention of college graduates.
We investigate the relationship between broad-based merit aid programs sponsored by U.S. state-level governments and the retention of college graduates. The impact of these programs is still debated and research in this field is limited. Using a unique data set for the 1988-2015 period and employing a difference-in-differences approach with adjustments for endogeneity bias, we find that:
- states offering merit aid have higher workforce retention rates of college graduates,
- the effect is strongest immediately after graduation and decreases over time, and
- states with larger spending on merit aid have higher average retention rates of graduates that may be weakening faster over time compared with lower-spending states.
🙞 🙜
BIOS:
Marian Manic is Associate Professor of Economics and Chair of the Economics Department. He was born and grew up in Moldova in Eastern Europe. Marian got his Ph.D. in Economics as well as an International MBA with a specialization in Finance degrees from the University of South Carolina. His main research fields are related to regional and urban economics, international economics, migration, international remittances, education, and economic development. At Whitman, Marian teaches courses in Finance, Macroeconomics, and Regional and Urban Economics.
Marina Ptukhina (Pa-too-he-nuh) is an Assistant Professor of Statistics at Whitman College. Marina was born and raised in Kharkiv, Ukraine. She joined Whitman College in 2016 after completing her Ph.D. in Statistics at the University of Nebraska - Lincoln. Marina is interested in the statistical modeling, design, and analysis of research studies and their applications. Her research includes applications of statistics to economics, biostatistics, and statistical education.
Comments
Post a Comment