Cohort crowding: how resources affect collegiate attainment
Cohort crowding: how resources affect collegiate attainment
Cohort crowding: how resources affect collegiate attainment
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Figure 1: Public university adjustment to changes in cohort size absent changes in subsidya. Quality maximizationResources per student [c(q)]University indifferencecurve and q,n maximumDemand shifts in responseto change in cohort sizeStudent Enrollment [n]b. Enrollment maximizationResources per student [c(q)]Student demand increase inproportionto change in cohort size (?p)Change inenrollment (?e)Student Enrollment [n]Notes: Collegiate demand is drawn holding tuition constant, with the assumption of exogenoustuition setting.26