%0 Report
        %A Goehausen, Johannes
%A Thomsen, Stephan L.
        %T Housing Costs, College Enrollment, and Student Mobility
        %D 2024
        %8 2024 Jan
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 16726
        %U https://www.iza.org/publications/dp16726
        %X We study the effects of rental price changes on college enrollment rates. We exploit cross-district variation in the size and timing of local rental price booms in Germany during the 2010s. A one standard deviation increase in apartment rents decreased per-capita college enrollment by 1.1 percentage points on average. The effect was driven by first-year students moving long distances and was more pronounced in less densely populated locations. Housing costs - the largest component of students' expenditures and an important location factor - have contributed to the slowdown in higher education expansion and reduced the skill-binding effect of universities, exacerbating regional inequality.
        %K college enrollments
%K housing market
%K apartment rents