Florida students to identify the returns to four-year college for students on the academic margin of college admission. In … of the importance of credit constraints within this population. I find that students who obtain high school grades just … a four-year college and much less likely to attend a community college than students with grades just below the …

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 …

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 …