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Measuringvalue-addedinhighereducationPossibilitiesandlimitationsintheuseofadministrativedata,1.Introduction,Statisticallydistinguishingvalue-addedestimatesbetweenindividualinstitution,Highereducationinstitutionalperformanceismultidimensionalobjectivefunction.,Asystemofmultiplemetricscapturingvariousdimensionsofinstitutionalperformance,1.Introduction,2.Definingvalueinhighereducation,Collegesaimtoproduceawiderangeofbenefitsforstudents.,3.Measuringvalueaddedinhighereducation,Standardizedtests,Gradepointaverage(GPA),Graduationandpersistence,Wages/earnings,Institutionalperformance,Disciplines&courses,Alongtimelag,3.Measuringvalueaddedinhighereducation,Thecalculationmodel,YisisanoutcomeforstudentiwhoattendedschoolsXi,PREisavectorofobservablepre-enrollmentstudentcharacteristicssarecoefficientsofschoolandcanchangeovertimeEsareasetofindicatorsforenrollmentatvariouscollegesisareotherindicators,4.Dataandsample,Thevalue-addedmodelusingrichadministrativedatafromthestateofTexasthattracksstudentsfromhighschool,throughcollege,andintothelaborforce.,4.Dataandsample,Summarizesthedata,forboththesampleofallenrolleesandonlyenrolleeswithnon-zeroUI(UnemploymentInsurance)earnings.,5.Results,EarningsdifferencesofenrolleesatTexasfour-yearpubliccolleges.,5.Results,Column1:AbasecasethatcanbecomparedwithmodelsthatcontrolforselectionintocollegesColumn2:RaceandgendercontrolsColumn3:HighschoolfixedeffectsandindicatorsforcoursestakenduringhighschoolColumn4:SATscoreandvariousstudentandfamilydemographicsColumn5:Applicationgroupfixedeffects,Shrinktherangeofpointestimates,Reducesignificantdifferences,5.Results,Thesignificantdifferencesinearningsbetweencollege.,5.Results,GraduationandpersistencedifferencesofenrolleesatTexasfour-yearpubliccolleges,5.Results,Scatterplotsofthecoefficientsonschoolfixedeffectsintheearnings,graduation,andpersistencemodels.,5.Results,Correlationsbetweentheschoolcoefficients(PanelA)andtherank-orderofschoolcoefficients(PanelB)fromtheearnings,graduation,andpersistencemodels.,Thecorrelationisstronglypositivebetweenallthemeasuresa

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