Arbeitspapier

The Economics of University Dropouts and Delayed Graduation: A Survey

This survey organizes and discusses the theoretical and empirical literature on the determinants of university student achievements. According to the theoretical framework, the decision to invest in tertiary education is a sequential process made under gradually decreasing levels of uncertainty on education costs and future returns. Students, applying a learning by doing approach, update their information set each academic year and revise benefits and costs associated to tertiary education. Accordingly, they decide whether to continue university studies in order to get a degree or to withdraw. This university decisional process is discussed by clustering the determinants of university outcomes into four main categories - students' characteristics, abilities and behavior; parental background and family networks; characteristics of the tertiary education system and its institutions; labor market performance - which are drawn from the empirical evidence. The policy advice resulting from the encompassing analysis is to provide an all-inclusive orientation activity for students, before they enroll at university. A complete understanding of the potential costs and benefits of this human capital investment can in fact reduce the risk of early withdrawal or delayed graduation.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 11421

Klassifikation
Wirtschaft
National Government Expenditures and Education
Analysis of Education
Educational Finance; Financial Aid
Higher Education; Research Institutions
Fertility; Family Planning; Child Care; Children; Youth
Human Capital; Skills; Occupational Choice; Labor Productivity
Thema
university dropout
time-to-degree
tertiary education
human capital theory

Ereignis
Geistige Schöpfung
(wer)
Aina, Carmen
Baici, Eliana
Casalone, Giorgia
Pastore, Francesco
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Aina, Carmen
  • Baici, Eliana
  • Casalone, Giorgia
  • Pastore, Francesco
  • Institute of Labor Economics (IZA)

Entstanden

  • 2018

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