Accounting for Institutional Variation in Expected Returns to Higher Education

dc.contributor.author Dorius, Shawn
dc.contributor.author Tandberg, David
dc.contributor.author Dorius, Shawn
dc.contributor.author Cram, Bridgette
dc.contributor.department Sociology
dc.date 2018-08-09T23:58:12.000
dc.date.accessioned 2020-07-02T06:50:24Z
dc.date.available 2020-07-02T06:50:24Z
dc.date.copyright Sun Jan 01 00:00:00 UTC 2017
dc.date.issued 2017-10-30
dc.description.abstract <p>This study leverages human capital theory to identify the correlates of expected returns on investment in higher education at the level of institutions. We leverage estimates of average ROI in post-secondary education among more than 400 baccalaureate degree conferring colleges and universities to understand the correlates of a relatively new metric of institutional ROI. Results indicate that a diverse undergraduate student body, high graduation rate, and public university status are strong, positive, and robustly associated with institutional ROI. The model accounts for more than 70% of inter-university variation in ROI, suggesting that the factors we have identified are among the most important correlates of institutional ROI. We discuss the policy implications of these findings for institutions of higher education in the context of institutional rankings and a rapidly evolving education landscape, giving special attention to student body characteristics colleges and universities.</p>
dc.description.comments <p>This article is published as Dorius, S., Tandberg, D., & Cram, B. (2017). Accounting for institutional variation in expected returns to higher education. Education Policy Analysis Archives, 25(110). doi: <a href="http://dx.doi.org/10.14507/epaa.25.3238" id="x-pub-id::doi">10.14507/epaa.25.3238</a>.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/soc_las_pubs/31/
dc.identifier.articleid 1029
dc.identifier.contextkey 12632910
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath soc_las_pubs/31
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/89247
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/soc_las_pubs/31/2017_Dorius_AccountingInstitutional.pdf|||Fri Jan 14 23:31:01 UTC 2022
dc.source.uri 10.14507/epaa.25.3238
dc.subject.disciplines Education Policy
dc.subject.disciplines Higher Education
dc.subject.disciplines Labor Economics
dc.subject.keywords higher education
dc.subject.keywords return on investment
dc.subject.keywords university characteristics
dc.subject.keywords human capital
dc.subject.keywords educational policy
dc.title Accounting for Institutional Variation in Expected Returns to Higher Education
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isAuthorOfPublication 6d3ca941-cb6e-48a3-bbae-ee96987df91b
relation.isOrgUnitOfPublication 84d83d09-42ff-424d-80f2-a35244368443
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