The Effect of College and University Endowments on Financial Aid, Admissions, and Student Composition
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This paper examines how private college and university endowments affect financial aid, admissions selectivity, and the economic and racial composition of incoming students. Because endowment levels are a function of expenditures and alumni giving, which are endogenous to the outcomes of interest,
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美国国家经济研究局创建时间:
2022-08-01



