New Jersey's state grant program delivers the highest level of need-based aid per student in the country. And the state's major grant program, the Tuition Aid Grant (TAG), funds all eligible students, rather than excluding students when the funding runs out. But different levels of grant aid for enrollment in different institutions within sectors,…

The annual National Association of College and University Business Officers (NACUBO) Tuition Discounting Study (TDS) measures tuition discount rates and other indicators of institutional grant awards to undergraduates attending private nonprofit (independent) colleges and universities. The "2018 Tuition Discounting Study" is based on…

The number of colleges and universities facing financial difficulty is rising rapidly, and the pressures upon these institutions will be exacerbated by the arrival of the "demographic cliff " (18 years out from the fall in birth rates during the 2008/09 economic downturn) in 2026/27. The Forbes annual financial ranking of academic…

The report provides detailed information on policies and practices that differ between two-year and four-year public institutions. It also includes specific information about the tuition-setting process for graduate students, details on state policies for setting nonresident student tuition, and more information on state policies regarding student…

This chapter illustrates the potential promise and complexities of free college initiatives from the perspective of administrators, faculty, staff, and students who are involved in a scholarship program at a small Midwestern community college. Based on two waves of interviews conducted in 2019 and 2021 respectively, we found that, while largely…

The COVID-19 pandemic negatively impacted enrollment, a continuation of the decline ongoing since 2010. Two-year colleges are highly dependent on tuition revenue. Consequently, the pandemic exacerbated the postsecondary economic crisis, as 2-year institutions faced financial hardship amidst enrollment uncertainties. In response to the pandemic,…

Objective: To quantify students' risk tolerance for in-person classes and willingness-to-pay for online-only instruction during the COVID-19 pandemic. Participants: 46 Columbia University public health graduate students. Methods: We developed a survey tool with a "standard gamble" exercise administered online by an interactive chat bot…

The business model of many U.S. higher education institutions is under serious stress from changing demographics, heightened consumer demands, flagging public confidence, and new competitors for educational credentials. Many institutions are struggling to sustain the suite of amenities and support services that students need or expect given the…

This paper describes relationships between tuition discounting (TD), net tuition revenue, and other institutional characteristics at four-year, liberal arts institutions. TD, a practice whereby institutional grants are used to subsidize a student's educational expense, has become a common practice at four-year institutions. TDs impact on…

This case study is designed for graduate students interested in higher education finances. It presents the challenges that higher education is facing regarding financial exigency elements that have led to responses with a primary focus on mergers. This financial exigency process has also caused increased legal considerations in higher education…

Across the United States, colleges and universities must dynamically respond to changes in population demographics and demand in order to meet enrollment goals. As institutions have adapted to a shifting educational landscape, tuition discounting has become a prevalent mechanism utilized within strategic enrollment management. While many students…

Based on the life and educational histories of sixteen high-achieving, working-class girls applying to high-tariff universities, this paper rekindles debates about the role of agency within the decision-making process of young people who might not otherwise be expected to apply to such institutions. It draws on Margaret Archer's theorising to…

This study investigated international partnership held by Japanese universities focusing on their student exchange reciprocity shown in tuition fees and institutional stratification. Using data in academic year 2017, we found that there were 26,747 agreements in Japan as a whole, with Asia accounting for about half, followed by Europe and North…

This dissertation includes three essays on the economics of higher education. In the first chapter, I study the effects of college transfer. Over one-third of college students in the United States transfer between institutions, yet little is known about how transferring affect students' educational and labor market outcomes. Using administrative…

This dissertation consists of three papers. In each paper, I use applied econometric methods to study the interaction between immigration policy and the postsecondary policy. The findings offer insights about how immigration policy can influence the education outcomes of undocumented individuals. In my first paper, I explore the effect on…