You are cordially invited to the Oneonta Faculty Convivium on Wednesday, Feb. 7, from noon to 1:00 p.m., in Le Café, Morris Hall for a luncheon and program.
Dr. Philip Sirianni, assistant professor of Economics, Finance and Accounting, will give a presentation titled “The Effect of Sustainability Commitments on College Admissions.”
Seating is limited. To reserve a seat, call X2517 before Feb. 2. Vegetarian meals are available.
Abstract: We investigate whether voluntary sustainability commitments made by institutions of higher education provide a private benefit to the institution by attracting more and better students. Our evidence comes from the American College and University Presidents’ Climate Commitment (PCC), a highly publicized initiative that has been signed by a large number of schools. Controlling for other factors that affect admissions outcomes, we find that, on average, signing the PCC is associated with an increase in the number of undergraduate applications received by an institution of about 6%, as well as an increase in SAT scores of the incoming class of 5-9 points. Our results also show that these increases are sustained in the years after signing the agreement. However, we find that these effects are seen only for public institutions. We find no significant effect for private institutions. These results suggest that commitments to sustainability may be a way for public institutions to close the gap in desirability between themselves and private institutions.