TY - RPRT AU - Stratton, Leslie S. TI - Housing Prices, Unemployment Rates, Disadvantage, and Progress toward a Degree PY - 2017/Aug/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 10941 UR - https://www.iza.org/publications/dp10941 AB - Rising unemployment and housing price appreciation are associated with increased college enrollment. Enrollment does not, however, guarantee completion. We use a discrete time, competing hazard function that accommodates individual-specific heterogeneity to assess the impact changing unemployment and housing prices have on progress toward a college degree in the United States for students interviewed for the 1996-2001 Beginning Post-Secondary Survey. The results indicate that rising unemployment rates have at best a modest effect on six year graduation rates. Both boys and girls are, however, more likely to not be enrolled and less likely to have graduated at the six-year mark when housing prices appreciate, and this effect is more pronounced for more disadvantaged youth. KW - higher education KW - graduation KW - housing prices KW - unemployment KW - disadvantage ER -