Thursday, September 01, 2005

Economics of education

Tim Burke proposes (re: Katrina putting New Orleans based colleges out of commission):
Why not get a huge network of colleges and universities together, proportionately distribute the student bodies of all these institutions across the network, offer automatic transfer admissions to your size-adjusted and randomly designated proportion of that student population, with the New Orleans institutions agreeing to honor all credits taken at the host institution as if they were taken at Tulane, Xavier or Loyola. Treat the tuition paid to the New Orleans schools as if it were paid to your institution but allow Tulane, Xavier and Loyola to keep the tuition so they can make their bills for the academic year.
If this happened, it would be a marvelous natural experiment for some empirical question in the determinants of educational performance, I just can't figure out what exactly that question is.

3 Comments:

Blogger henry said...

Good call...

Though there's significant heterogeneity in, say, the Tulane student body.

3:26 AM  
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Blogger Isaac said...

Uh, more comment spam.

Sure there's heterogeneity (the difference between the rich boys who do coke and drive porsches and everyone else, for instance(or so my acquaintance from high school who goes there reported), but they all chose to attend Tulane, which would seem significant in some way.

1:54 PM  

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