whether to invest in post-secondary education, students must factor their probability of completing the degree into their … decision. We study the role of this uncertainty in education choices using representative survey data from Germany. Students … secondary education. We relate these subjective completion probabilities to students' subsequent education choices and outcomes …

Florida students to identify the returns to four-year college for students on the academic margin of college admission. In … of the importance of credit constraints within this population. I find that students who obtain high school grades just … a four-year college and much less likely to attend a community college than students with grades just below the …

In this paper we estimate the impacts of the "pathways" chosen by community college students - in terms of desired … labor market value. We focus on the extent to which students change their choices over time, whether students make well … earnings. Students also change pathways quite frequently, making it harder to accumulate needed credits in their fields …

, we exploit a unique setting where students are randomly assigned to faculty advisors during their first year of college … four-year graduation rates. Additionally, higher advisor VA increases high-ability students' likelihood of enrolling and …

students to institution, we rely on a selection on observable assumptions. We use several estimates including the Generalised …

weekly earnings. Utilizing the fact that colleges dismiss low-performing students based on exact GPA cutoffs, we use a … regression discontinuity design to estimate the earnings impacts of college. Dismissed students are permitted to apply for … readmission, but since relatively few do so, these students end up completing fewer years of school and are approximately 10 …

We examine whether and how teachers' major fields of study affect students' achievement, exploiting within …-school students' data from the Trends in International Mathematics and Science Study and controlling student-teacher fixed effects, we … find that teachers with college majors in natural sciences improve students' achievement of subfields in natural sciences …