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Download full textSahin, Aysegul – Federal Reserve Bank of New York, 2004
This paper uses a game-theoretic model to analyze the disincentive effects of low-tuition policies on student effort. The model of parent and student responses to tuition subsidies is then calibrated using information from the National Longitudinal Survey of Youth 1979 and the High School and Beyond Sophomore Cohort: 1980-92. I find that although…
Descriptors: Human Capital, College Graduates, Grants, Tuition
