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Nick Springer is an Economics major with Finance minor at Marietta College. Upon graduation, Nick plans to return home and work in construction with his father.

Nick Springer

Graduation Year: 2010
Major: Economics

Capstone Topic:
The Determinants of High School Dropout Rates: An Econometric Study

Nick Springer graduated from Federal Hocking High School and live in Guysville Ohio. He is an Economics major with Finance minor at Marietta College. Nick played varsity baseball his freshman and sophomore years. Upon graduation, Nick plans to return home and work in construction with his father.

Nick's paper is titled "The Determinants of High School Dropout Rates: An Econometric Study" His capstone study looks at the variables that affect the high school dropout rate in each of Ohio's counties. There are many people who can benefit from knowing the determinants of high school dropout rates, including local and national policy makers who might be interested in designing policies to lower the dropout rate.

Nick presents his capstone paper.

Abstract

The purpose of this paper is to find which variables significantly affect the high school dropout rate in each of Ohio's 88 counties, using the ordinary least squares method of regression analysis. A total of eleven explanatory variables are included in the regression equation. A total of five of the explanatory variables are found to have a significant effect on dropout rate. Specifically, the percentage of population that is non Caucasian, the percentage of single parent homes, the percentage of population with less than high school diploma, and the population density have a positive and significant effect on dropout rate. On the other hand, average public expenditures per student are found to have a negative and significant effect on dropout rate. As for the magnitude of the significant coefficients, I found that 1% increase in single parent homes results in 0.84 percentage points increase in high school dropout rate. Also, $500 increase in expenditures per student results in a 1 percentage point decrease in high school dropout rate.

 
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