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      The Promise of Place-Based Investment in Postsecondary Access and Success: Investigating the Impact of the Pittsburgh Promise

      1 , 1 , 1 , 1
      Education Finance and Policy
      MIT Press - Journals

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          Abstract

          Place-based promise scholarships are a relatively recent innovation in the space of college access and success. Although evidence on the impact of some of the earliest place-based scholarships has begun to emerge, the rapid proliferation of promise programs largely has preceded empirical evidence of their impact. We utilize regression discontinuity and difference-in-differences analyses to investigate the causal effect of the Pittsburgh Promise on students’ immediate postsecondary attainment and early college persistence outcomes. Both analytic approaches yield similar conclusions. As a result of Promise eligibility, Pittsburgh Public School graduates are approximately 5 percentage points more likely to enroll in college, particularly four-year institutions; 10 percentage points more likely to select a Pennsylvania institution; and 4 to 7 percentage points more likely to enroll and persist into a second year of postsecondary education. Impacts vary with changes over time in the program structure and opportunities, and are larger for those responsive to the Promise opportunity, as instrumental variable-adjusted results reveal. Although the Pittsburgh Promise represents a sizeable investment, conservative cost–benefit calculations indicate positive returns. Even so, an important question is whether locally funded programs such as the Pittsburgh Promise are economically sustainable in the long run.

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              The Causal Effect of Education on Earnings

              David Card (1999)
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                Author and article information

                Journal
                Education Finance and Policy
                Education Finance and Policy
                MIT Press - Journals
                1557-3060
                1557-3079
                September 2019
                September 2019
                : 14
                : 4
                : 572-600
                Affiliations
                [1 ]School of Education University of Pittsburgh Pittsburgh, PA 15260
                Article
                10.1162/edfp_a_00257
                0f314851-6b0f-400d-bb0a-321ecb3debcf
                © 2019
                History

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