LSE LSE Research Laboratory LSE
LSE Research Laboratory (RLAB)

Abstract for:

Access All Areas? The Impact of Fees and Background on Student Demand for Postgraduate Higher Education in the UK

Philip  Wales,  February 2013
Paper No' SERCDP0128: | Full paper (pdf)
Save Reference as: BibTeX BibTeX File | Endote EndNote Import File
Keywords: Education; human capital, skills, consumer economics: empirical analysis

JEL Classification: C25; I2; J24; D12

Is hard copy/paper copy available? YES - Paper Copy Still In Print.
This Paper is published under the following series: SERC Discussion Papers
Share this page: Google Bookmarks Google Bookmarks | Facebook Facebook | Twitter Twitter

Abstract:

This paper analyses participation in postgraduate higher education in the UK at the micro-level makes several contributions to the literature. Firstly, it describes trends in postgraduate participation in the UK. Secondly, it introduces a hitherto unavailable dataset of postgraduate tuition fees by institution and subject: the first of its kind. Thirdly, it attempts to control for several potential forms of endogeneity to assess the extent to which tuition fees affect demand. It adopts an instrumental variables approach to partially control for the potential endogeneity of tuition fees and includes a broad array of fixed effects to mitigate the impact of sorting into universities and endogenous residential selection. The results suggest that (1) there is substantial variation in tuition fees across and within institutions and that (2) tuition fees reduce demand for postgraduate places. In our preferred specification a 10% increase in tuition fees reduces the probability of progression by 1.7%.