sensible beliefs about the outcomes. Students believe that their parents are more likely to approve majors associated with high …At least a quarter of college students in the United States graduate with more than one undergraduate major. This paper … investigates how students decide on the composition of their paired majors - in other words, whether the majors chosen are …

and scholars that the declines in state support have reduced the return to education investment for public sector students … two-year and four-year students, and we analyze individuals into their mid-30s. For four-year students, we find that state … ownership with lower adverse debt outcomes, and these students experience substantial increases in their credit score and in the …

For-profit providers are becoming an increasingly important fixture of U.S. higher education markets. Students who … default than students attending similarly selective public schools. Because for-profit schools tend to serve students from …-profit institutions. The first-stage estimates show that students are much more likely to enroll in a for-profit institution for a given …

expectations and preferences, I use a unique data set of Northwestern University sophomores that contains the students’ subjective … coursework, finding fulfillment in potential jobs, and gaining the approval of parents are the most important determinants in the …

Because students rely on their subjective expectations when choosing a college major, understanding this process of … expectations formation is crucial for education policy recommendations. This paper focuses on how college students form … that contains their subjective expectations about major-specific outcomes. Although students tend to be overconfident about …

, we provide students with information on the true population distribution of these characteristics, and observe how this …

When students fund their education through loans, changes in student borrowing and tuition are interlinked. Higher … tuition costs raise loan demand, but loan supply also affects equilibrium tuition costs - for example, by relaxing students …

information intervention, gaps in intended college attendance by household income or parents' education persist but decline by 20 … evidence of larger biases among lower-income and non-college households. We also elicit respondents' intended likelihood of … their pre-college-age children attending college, and the likelihood of respondents recommending college for a friend …

labor market trajectories. Using an experiment to derive students’ levels of overconfidence, and preferences for …

. We conducted a survey of high-ability currently enrolled college students and elicited beliefs about how their choice of … earnings, employment, marriage prospects, potential spousal characteristics, and fertility. We find that students perceive …