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The Net Benefits of Raising Bachelor's Degree Completion through the City University of New York ACE Program. EdWorkingPaper No. 25-1232

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Title: The Net Benefits of Raising Bachelor's Degree Completion through the City University of New York ACE Program. EdWorkingPaper No. 25-1232
Language: English
Authors: Judith Scott-Clayton, Irwin Garfinkel, Elizabeth Ananat, Sophie Collyer, Robert Paul Hartley, Anastasia Koutavas, Buyi Wang, Christopher Wimer, Annenberg Institute for School Reform at Brown University
Source: Annenberg Institute for School Reform at Brown University. 2025.
Availability: Annenberg Institute for School Reform at Brown University. Brown University Box 1985, Providence, RI 02912. Tel: 401-863-7990; Fax: 401-863-1290; e-mail: annenberg@brown.edu; Web site: https://annenberg.brown.edu/
Peer Reviewed: N
Page Count: 52
Publication Date: 2025
Sponsoring Agency: Robin Hood
Document Type: Reports - Research
Education Level: Higher Education
Postsecondary Education
Descriptors: Bachelors Degrees, Graduation Rate, Intervention, Outcomes of Education, Income, Health, Family Income, Time to Degree, Cost Effectiveness, Parent Influence, Gender Differences, Program Effectiveness, Social Services, Crime, Employment, Student Financial Aid, Academic Advising, School Orientation, Tutoring, Career Guidance, Expenditure per Student, Academic Persistence
Geographic Terms: New York (New York)
Abstract: In 2015, the City University of New York (CUNY) launched a new program--Accelerate, Complete, and Engage (ACE)--aimed at improving college graduation rates. A randomized-control evaluation of the program found a nearly 12 percentage point increase in graduation five years after college entry. Using this impact estimate and national data on earnings by gender, age, and degree status; we estimate incremental expected long-run benefits and costs for participants, as well as intergenerational effects for the children of participants, relative to "business as usual" for the control group. Our main estimate indicates net social benefits of more than $48,000 over a lifetime per participant from greater earnings and labor force attachment, improvements in health, and savings in public transfers. A major contribution of our analysis is the estimation of second-generational benefits. Including intergenerational benefits for children who grow up in newly higher-earning families nearly triples this estimate, to over $130,000 in net social benefits per participant. These results are sensitive to assumptions about whether the impact on graduation after five years persists indefinitely, or whether the control group eventually catches up. Still, net social benefits are strongly positive even under our most conservative assumptions.
Abstractor: As Provided
Entry Date: 2025
Accession Number: ED674089
Database: ERIC
FullText Text:
  Availability: 0
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  Data: The Net Benefits of Raising Bachelor's Degree Completion through the City University of New York ACE Program. EdWorkingPaper No. 25-1232
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  Data: <searchLink fieldCode="AR" term="%22Judith+Scott-Clayton%22">Judith Scott-Clayton</searchLink><br /><searchLink fieldCode="AR" term="%22Irwin+Garfinkel%22">Irwin Garfinkel</searchLink><br /><searchLink fieldCode="AR" term="%22Elizabeth+Ananat%22">Elizabeth Ananat</searchLink><br /><searchLink fieldCode="AR" term="%22Sophie+Collyer%22">Sophie Collyer</searchLink><br /><searchLink fieldCode="AR" term="%22Robert+Paul+Hartley%22">Robert Paul Hartley</searchLink><br /><searchLink fieldCode="AR" term="%22Anastasia+Koutavas%22">Anastasia Koutavas</searchLink><br /><searchLink fieldCode="AR" term="%22Buyi+Wang%22">Buyi Wang</searchLink><br /><searchLink fieldCode="AR" term="%22Christopher+Wimer%22">Christopher Wimer</searchLink><br /><searchLink fieldCode="AR" term="%22Annenberg+Institute+for+School+Reform+at+Brown+University%22">Annenberg Institute for School Reform at Brown University</searchLink>
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  Data: Annenberg Institute for School Reform at Brown University. Brown University Box 1985, Providence, RI 02912. Tel: 401-863-7990; Fax: 401-863-1290; e-mail: annenberg@brown.edu; Web site: https://annenberg.brown.edu/
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  Data: <searchLink fieldCode="EL" term="%22Higher+Education%22">Higher Education</searchLink><br /><searchLink fieldCode="EL" term="%22Postsecondary+Education%22">Postsecondary Education</searchLink>
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  Data: <searchLink fieldCode="DE" term="%22Bachelors+Degrees%22">Bachelors Degrees</searchLink><br /><searchLink fieldCode="DE" term="%22Graduation+Rate%22">Graduation Rate</searchLink><br /><searchLink fieldCode="DE" term="%22Intervention%22">Intervention</searchLink><br /><searchLink fieldCode="DE" term="%22Outcomes+of+Education%22">Outcomes of Education</searchLink><br /><searchLink fieldCode="DE" term="%22Income%22">Income</searchLink><br /><searchLink fieldCode="DE" term="%22Health%22">Health</searchLink><br /><searchLink fieldCode="DE" term="%22Family+Income%22">Family Income</searchLink><br /><searchLink fieldCode="DE" term="%22Time+to+Degree%22">Time to Degree</searchLink><br /><searchLink fieldCode="DE" term="%22Cost+Effectiveness%22">Cost Effectiveness</searchLink><br /><searchLink fieldCode="DE" term="%22Parent+Influence%22">Parent Influence</searchLink><br /><searchLink fieldCode="DE" term="%22Gender+Differences%22">Gender Differences</searchLink><br /><searchLink fieldCode="DE" term="%22Program+Effectiveness%22">Program Effectiveness</searchLink><br /><searchLink fieldCode="DE" term="%22Social+Services%22">Social Services</searchLink><br /><searchLink fieldCode="DE" term="%22Crime%22">Crime</searchLink><br /><searchLink fieldCode="DE" term="%22Employment%22">Employment</searchLink><br /><searchLink fieldCode="DE" term="%22Student+Financial+Aid%22">Student Financial Aid</searchLink><br /><searchLink fieldCode="DE" term="%22Academic+Advising%22">Academic Advising</searchLink><br /><searchLink fieldCode="DE" term="%22School+Orientation%22">School Orientation</searchLink><br /><searchLink fieldCode="DE" term="%22Tutoring%22">Tutoring</searchLink><br /><searchLink fieldCode="DE" term="%22Career+Guidance%22">Career Guidance</searchLink><br /><searchLink fieldCode="DE" term="%22Expenditure+per+Student%22">Expenditure per Student</searchLink><br /><searchLink fieldCode="DE" term="%22Academic+Persistence%22">Academic Persistence</searchLink>
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  Data: <searchLink fieldCode="DE" term="%22New+York+%28New+York%29%22">New York (New York)</searchLink>
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  Label: Abstract
  Group: Ab
  Data: In 2015, the City University of New York (CUNY) launched a new program--Accelerate, Complete, and Engage (ACE)--aimed at improving college graduation rates. A randomized-control evaluation of the program found a nearly 12 percentage point increase in graduation five years after college entry. Using this impact estimate and national data on earnings by gender, age, and degree status; we estimate incremental expected long-run benefits and costs for participants, as well as intergenerational effects for the children of participants, relative to "business as usual" for the control group. Our main estimate indicates net social benefits of more than $48,000 over a lifetime per participant from greater earnings and labor force attachment, improvements in health, and savings in public transfers. A major contribution of our analysis is the estimation of second-generational benefits. Including intergenerational benefits for children who grow up in newly higher-earning families nearly triples this estimate, to over $130,000 in net social benefits per participant. These results are sensitive to assumptions about whether the impact on graduation after five years persists indefinitely, or whether the control group eventually catches up. Still, net social benefits are strongly positive even under our most conservative assumptions.
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  Data: 2025
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  Data: ED674089
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=eric&AN=ED674089
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    Languages:
      – Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 52
    Subjects:
      – SubjectFull: Bachelors Degrees
        Type: general
      – SubjectFull: Graduation Rate
        Type: general
      – SubjectFull: Intervention
        Type: general
      – SubjectFull: Outcomes of Education
        Type: general
      – SubjectFull: Income
        Type: general
      – SubjectFull: Health
        Type: general
      – SubjectFull: Family Income
        Type: general
      – SubjectFull: Time to Degree
        Type: general
      – SubjectFull: Cost Effectiveness
        Type: general
      – SubjectFull: Parent Influence
        Type: general
      – SubjectFull: Gender Differences
        Type: general
      – SubjectFull: Program Effectiveness
        Type: general
      – SubjectFull: Social Services
        Type: general
      – SubjectFull: Crime
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      – SubjectFull: Employment
        Type: general
      – SubjectFull: Student Financial Aid
        Type: general
      – SubjectFull: Academic Advising
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      – SubjectFull: School Orientation
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      – SubjectFull: Tutoring
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      – SubjectFull: Career Guidance
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      – SubjectFull: Expenditure per Student
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      – SubjectFull: Academic Persistence
        Type: general
      – SubjectFull: New York (New York)
        Type: general
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      – TitleFull: The Net Benefits of Raising Bachelor's Degree Completion through the City University of New York ACE Program. EdWorkingPaper No. 25-1232
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