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Inequalities do not end once students enter higher education. Yet, the majority of papers on the effectiveness of …-tested financial aid on the outcomes of students who have already enrolled in college. To do so, we exploit a unique non …
Persistent link: https://www.econbiz.de/10011541300
In this paper, I provide an economic perspective on policy issues related to student debt in the United States. I lay out the economic rationale for government provision of student loans, summarize time trends in student borrowing, describe the US loan market, then turn to topics central to the...
Persistent link: https://www.econbiz.de/10011375677
For-profit providers are becoming an increasingly important fixture of US higher education markets. Students who attend … than students attending similarly-selective public schools. Because for-profits tend to serve students from more …. The first-stage estimates show that students are much more likely to enroll in a for-profit institution for a given labor …
Persistent link: https://www.econbiz.de/10011987067
Higher education is not just a signal of innate ability. At least a certain level of educational achievement (degree level, degree mark) is strictly required to perform a graduate job. School leavers fall into two categories, the rich and the poor. Ability is distributed in the same way in both...
Persistent link: https://www.econbiz.de/10010485521
We assume that students can acquire a wage premium, thanks to studies, and form a rational expectation of their future … earnings, which depends on personal ability. Students receive a private, noisy signal of their ability, and universities can … of test scores. Students optimally self-select as a result of pricing only. If capital markets are perfect but …
Persistent link: https://www.econbiz.de/10011402408
. Households differ in their financial endowment and their children's ability. Non-students are immobile. Students decide where to … rates, but the larger are the numbers of exchange students. -- voting ; higher education ; financing scheme ; mobility …
Persistent link: https://www.econbiz.de/10009571122
In the education literature, it is generally acknowledged that both credit and insurance for students are rationed. In … students who have private information on their ability to learn and can decide to default on debt. We show that the combination … student risk aversion is high, high ability students are separated and student loan contracts involve a limited amount of …
Persistent link: https://www.econbiz.de/10009012186
the effects of tuition fees on university enrollment of first-year students at German public universities. Our study … gender differences in enrollment behavior. Enrollment numbers of female students at universities that are located far away … of male students. …
Persistent link: https://www.econbiz.de/10009748365
Government student loan programs must balance the need to enforce repayment among borrowers who can afford to make their payments with some form of forgiveness or repayment assistance for those who cannot. Using unique survey and administrative data from the Canada Student Loan Program, we show...
Persistent link: https://www.econbiz.de/10010223069
and scholars that the declines in state support have reduced the return to education investment for public sector students … four-year students, and we analyze individuals into their mid-30s. For four-year students, we find that state appropriation … adverse debt outcomes, and these students experience substantial increases in their credit score and in the affluence of the …
Persistent link: https://www.econbiz.de/10012294613