Paying for college is often a family affair, with both parents and students contributing. We study the effects of … records. We provide the first comprehensive analysis of how both students and their parents use debt with college attendance … does not change, higher-income parents shift balances from other debt to educational loans. We find that lower-income …

suggests that increasing grant aid for low-income college students would enhance welfare in many U.S. settings …We estimate effects of the largest U.S. federal grant for college students using administrative data from Texas four … receipt and earnings beginning four years after entry. Estimated increases in income tax payments fully recoup government …

, and credit records, to identify the effects of increased student borrowing on credit-constrained students' educational …

mapped into the observed 1-5 integer scores, for over 4.5 million students. Earning higher AP integer scores positively … that receiving a score of 3 over a 2 on junior year AP exams causes students to take between 0.06 and 0.14 more AP exams …

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 …

now than they were then. This paper demonstrates that competition for space--the number of students who wish to attend … to its resources and peers. In other words, students used to attend a local college regardless of their abilities and its … consequent re-sorting of students among colleges that has, at once, caused selectivity to rise in a small number of colleges …

randomized controlled trials, the impact of a national and state-level campaign to encourage students to apply for financial aid … for college. The campaigns collectively reached over 800,000 students, with multiple treatment arms to investigate …

observed spillovers are not well-explained by price, income, proximity or legacy effects, but are most consistent with older … of such personally salient information may partly explain persistent differences in college-going rates by income …

the Graduate PLUS loan program. Access to additional federal loans increased graduate students' borrowing and shifted the … in constrained students' persistence or degree receipt. We document that among programs in which a larger share of … graduate students had exhausted their annual federal loan eligibility before the policy change--and thus were more exposed to …