000			01165nam a22001457a 4500
999			_c517410 _d517410
008			210714b ||||| |||| 00| 0 eng d
100			_aHendricks, Lutz et al _926614
245			_aCollege quality and attendance patterns: A long-run view
260			_aAmerican Economic Journal: Macroeconomics
300			_a13(1), Jan, 2021: p.184-215
520			_aWe construct a time series of college attendance patterns for the United States and document a reversal: family background was a better predictor of college attendance before World War II, but academic ability was afterward. We construct a model of college choice that explains this reversal. The model's central mechanism is that an exogenous surge of college attendance leads better colleges to be oversubscribed, institute selective admissions, and raise their quality relative to their peers, as in Hoxby (2009). Rising quality at better colleges attracts high-ability students, while falling quality at the remaining colleges dissuades low-ability students, generating the reversal. – Reproduced
773			_aAmerican Economic Journal: Macroeconomics
906			_aHIGHER EDUCATION
942			_cAR