better at graduating more-prepared students while other institutions are better at graduating less-prepared students and that … 209 led to a more efficient sorting of minority students, explaining 18% of the graduation rate increase in our preferred … specification. Further, there appears to have been behavioral responses to Prop 209, by universities and/or students, that explain …

We argue that once we take into account the students’ rational enrollment decisions, mismatch in the sense that the … student’s choice of school. This necessary condition for mismatch provides the basis for a new test. The test is implemented … information that is a statistically significant predictor of students’ post-enrollment academic performance. Further, this private …