IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/39732.html
   My bibliography  Save this paper

State funding for public higher education: explaining the great retreat

Author

Listed:
  • Stone, Joe

Abstract

This study examines reasons for the decline in state funding for public higher education. Prior studies point to Medicaid costs, limitations on tax revenues, income inequality, and Pell grants, but do not estimate their relative importance. Results in this study indicate that income inequality, Pell grants, and K-12 funding are the dominant factors. Pell grants in particular, create powerful incentives for states to substitute Federal dollars for their own. Estimates are identified using 5-year difference-in-differences for 49 states from 1957 to 2007. Regression, instrumental-variables, and Granger-causality estimates yield consistent results.

Suggested Citation

  • Stone, Joe, 2012. "State funding for public higher education: explaining the great retreat," MPRA Paper 39732, University Library of Munich, Germany, revised Mar 2012.
    • Handle: RePEc:pra:mprapa:39732
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/39732/1/MPRA_paper_39732.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stone, Joe A., 2016. "A Poison Pell for Public Colleges? Pell Grants and Funding for Public Colleges in the U. S," MPRA Paper 71761, University Library of Munich, Germany.
    2. Davis, Matt & Vedder, Andrea & Stone, Joe, 2015. "Local Tax Limits, Student Achievement, and School-Finance Equalization," MPRA Paper 63704, University Library of Munich, Germany.

    More about this item

    Keywords

    higher education; pell grants; k=12 education; public funding;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • A1 - General Economics and Teaching - - General Economics
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:39732. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.