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 …

experimentally test the effects of these two models on the schooling decisions of low-income students. An unconditional free tuition … contingent on proof of need has a much smaller effect on application and none on enrollment. The results suggest students place a …

to a proliferation of financial aid policy in the U.S. and around the world. More students are receiving more aid today … outside the U.S. on the causal impact of a variety of financial aid policies and programs on students' college decisions …

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 …