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Students' Economic Backgrounds in Meeting Living Costs of Higher Education: A Regression Analysis

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  • Seda Ozekicioglu

    (Department of Public Finance, Cumhuriyet University, Turkey)

Abstract

Economic backgrounds of students whom demand the higher education service can become a significant criterion regarding accessibility and continuity of the service. Higher education student costs consisting of tuition and living costs can be redeemed by some education aids provided either by governments or private sector for students from a low income group and/or that are successful. In this paper, an empirical study on the effects of economic status of higher education student on bearing their living costs and its results are evaluated. According to the results obtained by testing the model, increase in family income, which is an independent variable, decreases the possibility of difficulty in bearing living costs, while the other independent variables, which are increase in economic independence in housing method of the student and increase in difficulty in covering tuition fees, increase the possibility of difficulty in bearing living costs.

Suggested Citation

  • Seda Ozekicioglu, 2017. "Students' Economic Backgrounds in Meeting Living Costs of Higher Education: A Regression Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 161-165.
    • Handle: RePEc:eco:journ1:2017-03-22
    as

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    References listed on IDEAS

    as
    1. Susan M. Dynarski, 2003. "Does Aid Matter? Measuring the Effect of Student Aid on College Attendance and Completion," American Economic Review, American Economic Association, vol. 93(1), pages 279-288, March.
    2. Kane, Thomas J, 1994. "College Entry by Blacks since 1970: The Role of College Costs, Family Background, and the Returns to Education," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 878-911, October.
    3. McPherson, Michael S & Schapiro, Morton Owen, 1991. "Does Student Aid Affect College Enrollment? New Evidence on a Persistent Controversy," American Economic Review, American Economic Association, vol. 81(1), pages 309-318, March.
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    More about this item

    Keywords

    Living Cost; Economic Factors; Higher Education; Odds Ratio;
    All these keywords.

    JEL classification:

    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality

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