School choice may lead to improvements in school productivity if parents' choices reward effective schools and punish … ineffective ones. This mechanism requires parents to choose schools based on causal effectiveness rather than peer characteristics … estimate impacts on college attendance and college quality. Parents prefer schools that enroll high-achieving peers, and these …

government and reached 30% of student loan applicants. We show that the low-income and low-achieving students who apply to low … correctly centered. Treatment causes low-income students to reduce their demand for low-return degrees by 4.6%, and increases …-earning college degree programs overestimate earnings for past graduates by over 100%, while beliefs for high-achieving students are …

We use large-scale surveys of Chilean college applicants and college students to explore the way students form beliefs … to observed values for past students and follow survey participants forward to see how beliefs relate to matriculation … and dropout outcomes. We find that students have correctly centered but noisy cost expectations, and appear to …

disadvantaged students to attend private schools of their choice. We exploit random assignment of LSP vouchers at oversubscribed …

Using data on student outcomes and school choice lotteries from a low-income urban school district, we examine how …. The effects are largest for male students entering high school, whose truancy rates decline by 21% in the months after …