parents and children. We find that higher levels of parents' wealth and income increase the likelihood that children attend …This paper examines the influence of parental wealth and income on children's college attendance and parental financing … of housing debt that parents hold but does not reduce student debt for children …

. The underlying causal mechanisms for such effects remain unsettled. We consider a model in which parents impose more … stringent disciplinary environments in response to their earlier-born children's poor performance in school in order to deter … such outcomes for their later-born offspring. We provide robust empirical evidence that school performance of children in …

, graduation rates of minorities increased by 4.4%. We characterize conditions required for better matching of students to campuses … graduation gains experienced by less-prepared students. At the same time, better matching only explains about 20% of the overall … graduation rate increase. Changes after Prop 209 in the selectivity of enrolled students explains 34-50% of the increase. Finally …

induces some students to drop out of school. The GED program is unique to the United States and Canada, but provides policy …

The choice of a college major plays a critical role in determining the future earnings of college graduates. Students … survey students about what their expected earnings would be both in the major they have chosen and in counterfactual majors …. We also elicit students' subjective assessments of their abilities in chosen and counterfactual majors. We estimate a …