, 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 …

. This framework demonstrates that non-monetary costs of applying for income-based repayment assistance are critical to … may be inefficient and lead to undesirable redistribution. Empirically, we demonstrate that expanding Canada's 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 …

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 …

have increased. We discuss these trends as well as recent evidence on the extent to which students are able to obtain … student credit arrangements that balance three important objectives: (i) providing credit for students to access college and … outcomes in the form of income-contingent repayments, and (iii) providing incentives for student borrowers to honor their loan …

, over half of all low-income borrowers manage to make timely payments. We demonstrate that other financial resources in the … advocated for a move to an income-based repayment system. Under such a system, many low-income borrowers in good-standing (due … payment among those that are currently delinquent or in default since their income levels are so low. Specifically, we show …

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 …