We conduct a survey-based experiment with 2,776 students at a non-profit university to analyze income insurance demand … in education financing. We offered students a hypothetical choice: either a federal loan with income-driven repayment or … ISA uptake by 43%. We observe that students are responsive to changes in contract terms and possible student loan …

to a proliferation of financial aid policy in the U.S. and around the world. More students are receiving more aid today … outside the U.S. on the causal impact of a variety of financial aid policies and programs on students' college decisions …

variation from a Colombian financial aid reform boosting the share of low-income students at an elite university. Combining … college records and original survey data, I study how diversity affects high-income students' social networks, perceptions … low-income peers caused high-income students to diversify their social networks, have more accurate perceptions of the …

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 …

This paper studies the causal impacts of public universities on the outcomes of their marginally admitted students. I … American public university students, to systematically identify and employ decentralized cutoffs in SAT/ACT scores that …-10 percent more than their marginally rejected but otherwise identical counterpart. Marginally admitted students pay no …

public schools in Houston, Texas, using a school-level randomized field experiment. Across two years, principals were … both years of the experiment demonstrate large treatment effects in both years - particularly those with principals who are …

We examine gender differences in financial literacy among high school students in Italy using data from the 2012 …

offered financial education. Both programs included a voluntary after-school savings club that provided students with a locked …