NATIONALIZATION OF A PRIVATELY-OPERATED COLLEGE ENTRANCE EXAM: PRICE DISCRIMINATION THROUGH TAX OR FEE
Analyzing the Effects of Price Discrimination on College Entrance Exams
Abstract
The SAT and ACT are major elements of the undergraduate admissions process in the United States. Despite widespread usage, both exams have been the focus of criticism. Critics argue that the exams are biased by race and class, and that these problems are inherent to the tests themselves. Test-optional admissions have grown in popularity with undergraduate institutions in recent years, a trend exacerbated by the COVID-19 pandemic. This paper examines the accuracy of criticisms of the SAT and whether government administration could address the test’s flaws. While government administration would not address bias in the educational system prior to testing, income-based tax funding or a progressively price-discriminating pricing system could reduce bias in results by greatly reducing disparities in student retake rates.
Hello, my name is Ben Sovocool. I'm a double major in Economics (BA) and Philosophy. My primary economic interests are micro-oriented, namely monopoly formation and consumer choice. The thing that really gets me excited, though, is financial fraud (not doing it, examining it) and risk management, especially related to unusual derivatives. Think Enron, 2008, and the incoming financial crash.
I'm excited to begin my first year at Cornell Law next year.
It's so hard to choose! It has to be Smith, though Ricardo, Marshall, and Veblen come in close behind.
The number of people I have to thank is far too long to fit neatly here. Chief among them are my parents, my thesis advisor Professor Milam, the entire economics and philosophy departments, and everyone who has helped me along this four-year process. Also, my girlfriend (a fellow economics major). Thank you all.