Literaturnachweis - Detailanzeige
| Autor/inn/en | Gong, Yifan; Lochner, Lance; Stinebrickner, Ralph; Stinebrickner, Todd R. |
|---|---|
| Institution | National Bureau of Economic Research |
| Titel | The Consumption Value of College. NBER Working Paper No. 26335 |
| Quelle | (2019)
PDF als Volltext |
| Sprache | englisch |
| Dokumenttyp | gedruckt; online; Monographie |
| DOI | 10.3386/w26335 |
| Schlagwörter | College Students; Expenditures; Student Attitudes; Income; Risk; College Attendance; Outcomes of Education; Preferences; Time; Kentucky |
| Abstract | This paper uses the Euler equation and novel data from Berea College students on their consumption expenditures during and after college, desired borrowing amounts, beliefs about post-college earnings, and elicited risk-aversion and time preference parameters to determine their consumption value of college attendance. Estimates suggest an average annual consumption value of college as high as $11,600, with considerable heterogeneity across students. Incorporating these benefits raises the average expected return to college by as much as 14%. (As Provided). |
| Anmerkungen | National Bureau of Economic Research. 1050 Massachusetts Avenue, Cambridge, MA 02138-5398. Tel: 617-588-0343; Web site: http://www.nber.org |
| Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
| Update | 2024/1/01 |
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