This paper evaluates the impact of the Chilean government's nancial aid on college and vocational education enrollment. We found that there is an endogenous process in the application for nancial aid. To solve this problem we use a two-step procedure with instrumental variables (IV) and found...

The present document resumes the work of tree papers regarding college selection system. These investigations evaluate the use of the “high school ranking” of students as a college selection variable. The authors evaluate the performance of students in the University of Chile, Catholic...