College cost and time to obtain a degree : Evidence from tuition discontinuities . ∗

@inproceedings{Garibaldi2007CollegeCA,
  title={College cost and time to obtain a degree : Evidence from tuition discontinuities . ∗},
  author={Pietro Garibaldi and Francesco Giavazzi and Andrea Ichino and Enrico Rettore},
  year={2007}
}
For many students throughout the world time to obtain an academic degree extends beyond the normal completion time, while college tuition is essentially constant during the years of enrollment and in particular does not increase when a student remains in a program after its regular end. Using a Regression Discontinuity Design on data from Bocconi University in Italy, this paper shows that if tuition is raised by 1000 Euros in the last year of the program, the probability of late graduation… CONTINUE READING
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