Higher Education


The NBER's Working Group on Higher Education met in Cambridge on November 9. Working Group Director Charles T. Clotfelter of Duke University organized the meeting. These papers were discussed:

Susan M. Dynarski, Harvard University and NBER, and Judith E. Scott-Clayton, Harvard University, "The Cost of Complexity in Federal Student Aid: Lessons from Optimal Tax Theory and Behavioral Economics" (NBER Working Paper No. 12227)

Discussant: Eric Bettinger, Case Western Reserve University

Marko Tervio, University of California, Berkeley, "Network Analysis of Three Academic Labor Markets"

Discussant: Richard Jensen, University of Notre Dame

Brian C. Cadena and Benjamin J. Keys, University of Michigan, "Self-Control Induced Debt Aversion: Evidence from Interest-Free Student Loans"

Discussant: Ofer Malamud, University of Chicago

Megan MacGarvie, Boston University and NBER, "Foreign Students and the Diffusion of Scientific and Technological Knowledge to and from American Universities"

Discussant: William Kerr, Harvard University

Zeynep Hansen, Washington University and NBER; Hideo Owan, Aoyama Gakuin University; and Jie Pan, Washington University, "The Impact of Group Diversity on Performance and Knowledge Spillover: An Experiment in a College Classroom" (NBER Working Paper No. 12251)

Discussant: Jacob Vigdor, Duke University and NBER

The federal system for distributing student financial aid rivals the tax code in its complexity. Both have been a source of frustration and a focus of reform efforts for decades, yet the complexity of the student aid system has received comparatively little attention from economists. Dynarski and Scott-Clayton describe the complexity of the aid system, and apply lessons from optimal tax theory and behavioral economics to show that complexity is a serious obstacle to both efficiency and equity in the distribution of student aid. They show that complexity disproportionately burdens those with the least ability to pay and undermines redistributive goals. They use detailed data from federal student aid applications to show that a radically simplified aid process can reproduce the current distribution of aid using a fraction of the information now collected.

Tervio analyzes the academic labor market as a citation network, where departments gain citations by placing their Ph.D. graduates into the faculty of other departments. The aim is to measure the distribution of influence and the possible division into clusters between academic departments in three disciplines (economics, mathematics, and comparative literature). Departmental influence is measured by a similar method to that used by Google to rank web pages. In all disciplines, the distribution of influence is significantly more skewed than the distribution of academic placements because of a strong hierarchy of schools in which movements are seldom upwards. This hierarchy is strongest in economics. Tervio also finds that, in economics, there are clusters of departments that are significantly more connected within than with each other. These clusters are consistent with anecdotal evidence about Freshwater and Saltwater schools of thought. …

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Higher Education
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.