Educational factors and their effect on college tuition in private institutions across the United States

Abstract

To date, educational and economic factors have caused significant variation of tuition prices of private universities for the 2019 and 2020 fiscal educational year. This paper offers a cross-sectional model observing the causation of increasing college costs across the United States with underlying support from the human capital theory of education. The analysis at hand focuses on educational and institutional variables and their effects on the associated tuition costs for only private institutions. A series of STATA econometric tests were completed in order to determine a model, which further tests were then run for deeper analysis.