TY - JOUR
T1 - Cost of higher education
T2 - For-profit universities and online learning
AU - Guzman, Tatyana
AU - Pirog, Maureen A.
AU - Jung, Haeil
PY - 2019/1/1
Y1 - 2019/1/1
N2 - The Higher Education Reauthorization Act (HERA) of 2006 eliminated so called the “50 percent rule” that prohibited students enrolled in post-secondary institutions offering 50% or more of their courses exclusively online to receive any federal financial aid (Title IV aid). In this paper we study the net cost of attending colleges and additionally test for so-called “Bennett” hypothesis that assumes that the Title IV aid, that became available after elimination of 50% rule, might have been captured by institutions that could increase tuition and fees and lower the amount and availability of the institutional grants to students. We study the net costs, tuition and fees, and institutional aid for students who study exclusively online, students in for-profit colleges in which exclusive online education is more heavily concentrated, and students who study exclusively online at for-profit universities before and after the elimination of 50% rule. We find a partial support for Bennett hypothesis for profit, but not exclusively online students.
AB - The Higher Education Reauthorization Act (HERA) of 2006 eliminated so called the “50 percent rule” that prohibited students enrolled in post-secondary institutions offering 50% or more of their courses exclusively online to receive any federal financial aid (Title IV aid). In this paper we study the net cost of attending colleges and additionally test for so-called “Bennett” hypothesis that assumes that the Title IV aid, that became available after elimination of 50% rule, might have been captured by institutions that could increase tuition and fees and lower the amount and availability of the institutional grants to students. We study the net costs, tuition and fees, and institutional aid for students who study exclusively online, students in for-profit colleges in which exclusive online education is more heavily concentrated, and students who study exclusively online at for-profit universities before and after the elimination of 50% rule. We find a partial support for Bennett hypothesis for profit, but not exclusively online students.
KW - Bennett hypothesis
KW - For-profit colleges
KW - Institutional grants
KW - Net cost
KW - Online education
KW - Tuition and fees
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U2 - 10.1016/j.soscij.2019.03.010
DO - 10.1016/j.soscij.2019.03.010
M3 - Article
AN - SCOPUS:85063737673
JO - Social Science Journal
JF - Social Science Journal
SN - 0362-3319
ER -