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Spatial Variation in Higher Education Financing and the Supply of College Graduates

John Kennan

NBER Working Paper No. 21065
Issued in April 2015, Revised in January 2018

---- Acknowledgments ----

Earlier versions of this paper had a different title: “Higher Education Subsidies and Human Capital Mobility.” I thank Gadi Barlevy, John Bound, Rebecca Diamond, Eric French, Chao Fu, Ahu Gemici, Grey Gordon, Joseph Han, Jim Heckman, Tom Holmes, Lisa Kahn, Maurizio Mazzocco, Bob Miller, Derek Neal, Jack Porter, Mike Rothschild, Jean-Marc Robin, Chris Taber, Sarah Turner, Jim Walker, Yoram Weiss and many seminar participants for helpful comments. I thank four referees and the Editor for detailed and constructive comments on both substance and exposition. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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