University Graduation Dependent on Family’s Wealth, Ability and Social Status

This paper presents a model showing an incentive for a group of people to vote for higher tuition fees, even if these fees have no quality effect. The incentive is based on a non-monetary influence on utility, namely the social status or prestige of graduating. The basic assumption is that the higher the prestige is, the lower the number of people studying. In a static equilibrium, it is shown that a group of wealthier and more able people can exist that attempts to prevent others from studying

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Year of publication:	2011
Authors:	Ehlers, Tim
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Soziale Schicht \| Social class \| Studierende \| Students \| Bildungsökonomik \| Economics of education \| Studienfinanzierung \| Higher education finance \| Sozialer Status \| Social status \| Vermögen \| Wealth

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