Graduates, Dropouts and Slow Finishers: The Effects of Credit Constraints on University Outcomes

被引:6
作者
Cardak, Buly A. [1 ]
Vecci, Joe [2 ]
机构
[1] La Trobe Univ, La Trobe Business Sch, Dept Econ & Finance, Bundoora, Vic 3086, Australia
[2] Monash Univ, Dept Econ, Clayton, Vic 3800, Australia
基金
澳大利亚研究理事会;
关键词
BORROWING CONSTRAINTS; COLLEGE COMPLETION; SCHOOL;
D O I
10.1111/obes.12119
中图分类号
F [经济];
学科分类号
02 ;
摘要
The effect of credit constraints on university outcomes is studied. Credit constraints have a negative relationship with dropout, especially on lower achieving high school graduates. Credit constrained students with strong high school achievement are 13-15% more (less) likely to graduate (be slow finishers) relative to otherwise similar students who are potentially or unlikely constrained. Using competing risk analysis, we find dropout is most likely in the first year of study and falls over time for all students. After 3 years of study, the risk of dropout increases for students who are constrained suggesting constraints may eventually bind on these students.
引用
收藏
页码:323 / 346
页数:24
相关论文
共 32 条
[11]  
Cardak B. A., 2014, 2414 U ATT INC CONT
[12]  
Cardak B. A., 2014, A1405 TROBE U SCH BU
[13]   The evidence on credit constraints in post-secondary schooling [J].
Carneiro, P ;
Heckman, JJ .
ECONOMIC JOURNAL, 2002, 112 (482) :705-734
[15]   Parental job loss and the education enrollment of youth [J].
Coelli, Michael B. .
LABOUR ECONOMICS, 2011, 18 (01) :25-35
[16]   The effect of student aid on the duration of study [J].
Glocker, Daniela .
ECONOMICS OF EDUCATION REVIEW, 2011, 30 (01) :177-190
[17]   FLEXIBLE PARAMETRIC-ESTIMATION OF DURATION AND COMPETING RISK MODELS [J].
HAN, A ;
HAUSMAN, JA .
JOURNAL OF APPLIED ECONOMETRICS, 1990, 5 (01) :1-28
[18]   Never give up on the good times: Student attrition in the UK [J].
Johnes, G ;
McNabb, R .
OXFORD BULLETIN OF ECONOMICS AND STATISTICS, 2004, 66 (01) :23-47
[19]   Borrowing Constraints, College Enrollment, and Delayed Entry [J].
Johnson, Matthew T. .
JOURNAL OF LABOR ECONOMICS, 2013, 31 (04) :669-725
[20]   The effect of parental transfers and borrowing constraints on educational attainment [J].
Keane, MP ;
Wolpin, KI .
INTERNATIONAL ECONOMIC REVIEW, 2001, 42 (04) :1051-1103