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 …

high-achieving students from relatively poor families. We followed 107 high school seniors through the college admissions … process in 2006-2007; we selected 52 of these students at random, offering them ten hours of individualized college advising … have influenced the choice of where the students applied to college. We estimate that students offered counseling were 7 …

students respond to their menus' like rational human capital investors. Whether they make the investments efficiently is … aptitude students respond to aid in a way that apparently reduces their lifetime present value. While both a lack of … sophistication/information and credit constraints can explain the behavior of this 30 percent of students, the weight of the evidence …

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 …