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To check the robustness of our estimated impact of delayed entry, Table 6
presents the estimated impact of delaying college entry by one year for several alternative
model specifications. The estimated impacts of delaying enrollment by one year on
graduating from a four-year college range from 14.1 to 40.0 percent for individuals first
entering two-year institutions and 11.3 to 32.7 percent for individuals first entering four-
year institutions with the largest estimated impacts coming from those models which
ignore any possible endogeneity of delay.

One result for the other predictor variables that was not evident in the DCR model
estimates has to do with the impact of in-state public tuition levels on four-year college
completion rates. The results from Table 5 show that an increase in public tuition levels
for four-year institutions significantly increases the four-year college dropout rate, but
only among high school graduates who enter two-year institutions. Thus, it appears that
in states with high four-year public tuition levels, individuals who enter two-year
institutions are less likely to transfer to four-year institutions after completing their two-
year degree.14

14The estimated impact of four-year tuition levels on attaining a four-year degree for those first entering
two-year institutions did not change when a control for two-year in-state public tuition levels was included
in the estimations. Thus, the estimated impact of four-year in-state tuition levels is not due to its
correlation with two-year in-state tuition levels.

23



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