ERIC Number: EJ1250165
Record Type: Journal
Publication Date: 2020
Pages: 22
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-1557-3060
EISSN: N/A
Identifying Preferences for Equal College Access, Income, and Income Equality
Lara, Bernardo; Shores, Kenneth A.
Education Finance and Policy, v15 n2 p270-291 Spr 2020
Revealed preferences for equal college access may be due to beliefs that equal access increases societal income or income equality. To isolate preferences for those goods, we implement an online discrete choice experiment using social statistics generated from true variation among commuting zones. We find that, ceteris paribus, the average income that individuals are willing to sacrifice is (1) $4,984 to increase higher education enrollment by 1 standard deviation (14 percent); (2) $1,168 to decrease rich/poor gaps in higher education enrollment by 1 standard deviation (8 percent); and (3) $2,900 to decrease the 90/10 income inequality ratio by 1 standard deviation (1.66). In addition, we find that political affiliation is an important moderator of preferences for equality. While both Democrats and Republicans are willing to trade over $4,000 to increase higher education enrollment by 1 standard deviation, Democrats are willing to sacrifice nearly three times more income to decrease either rich/poor gaps in higher education enrollment or the 90/10 income inequality ratio by 1 standard deviation.
Descriptors: Access to Education, Higher Education, Income, Enrollment, Political Affiliation, Preferences, Economically Disadvantaged, Social Values, Educational Attainment
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Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A