Interstate migration of college freshmen

We examine the economic determinants of interstate migration of college-bound freshmen, using state-level data. Our analysis provides a robust explanation of the striking differences among the U.S. states in out-migration of college-bound freshmen. States that provide more educational choices and higher quality education services, charge lower tuition, have broad-based merit scholarship programs and have lower income levels tend to retain a higher percentage of their college-bound freshmen at home. We thank Andrew Mason, Sang-Hyop Lee and Rhonda Sharpe and two anonymous referees for helpful comments and suggestions.