Abstract
Abstract By locking in today’s tuition rate for future college attendance, the prepaid tuition program (PTP) is designed to encourage parents to invest in their children’s human capital. The purpose of this paper is to examine the effects of the state PTP on college attainment by using data from the 2011–2013 American Community Survey. By exploiting cross-state variation in the timing of the implementation of the state PTP, I found that the program adoption was associated with a 0.7–1.0 percentage point increase in college enrollment rates and a 0.5–0.7 percentage point increase in college completion rates.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: The B.E. Journal of Economic Analysis & Policy
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
