Promise Effect on Enrollment at Colleges Categorized by 2004 Barron’s Selectivity Categories
| Dependent Variable | Most Selective | ≥Highly Selective | ≥Very Selective | ≥Selective |
|---|---|---|---|---|
| After × Eligible (OLS) | 0.003 | 0.009 | 0.061** | 0.139*** |
| [0.008] | [0.017] | [0.024] | [0.039] | |
| After × Eligible (RF) | 0.004 | −0.000 | 0.039* | 0.086** |
| [0.008] | [0.017] | [0.024] | [0.037] | |
| After × Eligible (IV) | 0.006 | −0.000 | 0.057* | 0.123** |
| [0.011] | [0.024] | [0.034] | [0.054] | |
| Observations | 5,415 | 5,415 | 5,415 | 5,415 |
| Mean of DV | 0.008 | 0.081 | 0.148 | 0.407 |
| p-value of difference between OLS and IV | 0.861 | 0.835 | 0.933 | 0.827 |
↵Notes: Standard errors robust to heteroskedasticity are in brackets. *p < 0.10, **p < 0.05, ***p < 0.01. The category of college is based on the first college attended within the first 12 months after high school graduation. “Most selective” denotes the most competitive colleges, none of which are Promise-eligible. “Highly selective” includes University of Michigan–Ann Arbor and Kalamazoo College, “very selective” includes Michigan State University, and “selective” includes Western Michigan University. See the note to Table 3.