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In a recent article, Professors Campbell and Siegel use aggregate enrollment data and price and income variables to explain movements in the demand for education over time 1. Price and income variables can also be used to explain interstate migration. A simple economic model accounts for about 54% of the variation among states in the proportion of students leaving their home state to attend college. Adjusting the out-migration data to take into account the enrollment opportunities within the state, we find that the amount of variation explained increases to 64%. These results are interesting, especially given the paucity of explanatory models in this area.
Howard P. Tuckman (Thu,) studied this question.
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