| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28511 |
| 来源ID | Working Paper 28511 |
| Estimating Students' Valuation for College Experiences | |
| Esteban M. Aucejo; Jacob F. French; Basit Zafar | |
| 发表日期 | 2021-03-01 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | The college experience involves much more than credit hours and degrees. Students likely derive utility from in-person instruction and on-campus social activities. Quantitative measures of the value of these individual components have been hard to come by. Leveraging the COVID-19 shock, we elicit students’ intended likelihood of enrolling in higher education under different costs and possible states of the world. These states, which would have been unimaginable in the absence of the pandemic, vary in terms of class formats and restrictions to campus social life. We show how such data can be used to recover college student’s willingness-to-pay (WTP) for college-related activities in the absence of COVID-19, without parametric assumptions on the underlying heterogeneity in WTP. We find that the WTP for in-person instruction (relative to a remote format) represents around 4.2% of the average annual net cost of attending university, while the WTP for on-campus social activities is 8.1% of the average annual net costs. We also find large heterogeneity in WTP, which varies systematically across socioeconomic groups. Our analysis shows that economically-disadvantaged students derive substantially lower value from university social life, but this is primarily due to time and resource constraints. |
| 主题 | Health, Education, and Welfare ; Education ; COVID-19 |
| URL | https://www.nber.org/papers/w28511 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586183 |
| 推荐引用方式 GB/T 7714 | Esteban M. Aucejo,Jacob F. French,Basit Zafar. Estimating Students' Valuation for College Experiences. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28511.pdf（775KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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