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Table 2 Effects of HOPE on choosing a STEM major

From: The effect of Georgia’s HOPE scholarship on college major: a focus on STEM

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

  

Initial major

  

Earned major

 

A. Total

0.0231

−0.0048

−0.0201

0.0086

−0.0058

−0.0253

−0.0384

−0.0216

 

(0.0080)*

(0.0059)

(0.0042)**

(0.0013)***

(0.0065)

(0.0033)***

(0.0041)***

(0.0029)***

 

{12.6%}

{−2.6%}

{−10.9%}

{4.7%}

{−2.9%}

{−12.6%}

{−19.1%}

{−10.8%}

B. Females

0.0284

0.0074

−0.0046

0.0121

0.0041

−0.0121

−0.0240

−0.0128

 

(0.0043)***

(0.0051)

(0.0038)

(0.0033)**

(0.0050)

(0.0048)*

(0.0049)**

(0.0023)**

 

{21.8%}

{5.7%}

{−3.5%}

{9.3%}

{3.3%}

{−9.8%}

{−19.3%}

{−10.3%}

C. Males

0.0181

−0.0182

−0.0343

0.0065

−0.0180

−0.0416

−0.0538

−0.0321

 

(0.0162)

(0.0086)

(0.0075)**

(0.0024)*

(0.0096)

(0.0025)***

(0.0029)***

(0.0039)***

 

{7.2%}

{−7.3%}

{−13.7%}

{2.6%}

{−6.1%}

{−14.1%}

{−18.2%}

{−10.8%}

Sex, race/ethnicity dummies

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

High school dummies

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

SAT dummies

No

Yes

Yes

Yes

No

Yes

Yes

Yes

High school GPA dummies

No

No

Yes

Yes

No

No

Yes

Yes

USG institution dummies

No

No

No

Yes

No

No

No

Yes

  1. Standard errors in parentheses are clustered by high school graduation year. The percent change, i.e., the coefficient divided by the mean, are shown in braces. Sample sizes are 42,399 for panel A, 24,263 for panel B, and 18,136 for panel C
  2. *Significant at 10% based on small sample t-distribution; **Significant at 5%; ***Significant at 1%