Applying Early Decision: Student and College Incentives and Outcomes

Autor/inn/en	Chapman, Gabrielle; Dickert-Conlin, Stacy
Titel	Applying Early Decision: Student and College Incentives and Outcomes
Quelle	In: Economics of Education Review, 31 (2012) 5, S.749-763 (15 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/j.econedurev.2012.05.003
Schlagwörter	College Admission; Admission Criteria; Probability; College Applicants; Student Characteristics; Academic Ability; College Entrance Examinations; Scores; Females; Socioeconomic Status; Student Financial Aid; SAT (College Admission Test) + Suchen Sie Ihr Suchwort? Hochschulzugang; Hochschulzulassung; Zulassung; Admission; Admission procedures; Zulassungsbedingung; Zulassungsverfahren; Wahrscheinlichkeitsrechnung; Wahrscheinlichkeitstheorie; College applications; Studienbewerber; Aufnahmeprüfung; Weibliches Geschlecht; Socio-economic status; Sozioökonomischer Status; Finanzielle Beihilfe; Studienfinanzierung; Studienförderung
Abstract	Colleges' early decision (ED) admission policies require accepted students to commit to attend the school without comparing outside options. With data from two liberal arts schools we find evidence that students with higher willingness and ability to pay and lower measured ability levels are more likely to apply ED. Applying ED raises the probability of acceptance by 40 percentage points. We address the potential selection of students into ED, including estimating an upper bound of 46 percentage points following Altonji, Elder, and Taber (2005). One college appears to use the ED process to screen applicants with high SAT scores and female applicants, thereby avoiding the potential adverse selection of applicants in the regular decision process. Finally, even conditional on higher socioeconomic status and other observable characteristics, applying ED is correlated with higher financial aid packages, perhaps because the college's financial aid resources are higher earlier in the admission process. (Contains 7 tables.) (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10