of the value of financial aid for prospective students. Our results point out that a considerable share of prospective … students are affected by credit constraints. We find that most of the individuals are willing to pay a sizable interest premium … points for a $1,000 loan. The willingness-to-pay for financial aid is highly heterogeneous across students, with preferences …

intervention of asset building (Percorsi) on high school students' transition to the university. Contrary to most traditional forms … population', i.e. those students who were at risk of giving up their university enrolment decisions because of economic reasons … program are significantly larger for students coming from vocational schools than for students who completed technical or …

studies have shown no effect on enrollment, we analyze the effects on students' budgets. To identify causal effects, we … exploited the natural experiment established by the introduction of fees. They did not affect students' spending behavior … students increased their budgets only marginally; fees did not increase social inequality …

's HOPE Scholarship has affected students' college major decisions, with a focus on STEM majors. We find consistent evidence …

which their students defaulted. I examine the predicted institutional responses under a variety of possible penalties and … economic efficiency in terms of costs due to a reallocation of students across sectors …

Students from low-income families are eligible to student aid under the federal students' financial assistance scheme … received by eligible students to raise enrolment rates into tertiary education. We view this reform as a quot …

We study the evolution of a campus-based aid program for low-income students that began with grant-heavy financial aid … years (2004–2006), in which students received additional institutional grant aid and few non-financial supports, improved … postsecondary progress, performance, or completion. In contrast, program-eligible students in more recent cohorts (2007–2010), when …

can be driven either by marginal students induced to enroll by financial aid, or by inframarginal students who would have … students rather than the combined effect on marginal and inframarginal students by examining a change in financial aid that did … to financially independent students. I find that financial aid received by needier students is more likely to positively …

College students now use various forms of unsecured credit such as private student loans and credit cards to finance …