Associations among sources of revenue and expenses at public bachelors and masters level higher education institutions
Understanding how changes in revenue are associated with changes in spending at public higher educational institutions may have significant practical implications for policy makers. Finance data were drawn from the Integrated Post Secondary Data System (IPEDS) for bachelors and master-level institutions from 2003 to 2012. Fixed effects regression models were constructed to estimate the effect of changes in revenue on spending. Time effects (lagged models, fixed year effects, and time trends) were examined. Several institutional characteristics were considered for inclusion in the model: ...
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