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The Curious Dawn of American Public Schools

Lindert, Peter H.; Go, Sun - National Bureau of Economic Research (NBER) - 2007

Three factors help to explain why school enrollments in the Northern United States were higher than those in the South and in most of Europe by 1850. One was affordability: the northern states had higher real incomes, cheaper teachers, and greater local tax support. The second was the greater...

Persistent link: https://www.econbiz.de/10005829343

Decentralizing Education Resources: School Grants in Senegal

Carneiro, Pedro; Meghir, Costas; Koussihouèdé, Oswald; … - National Bureau of Economic Research (NBER) - 2015

The impact of school resources on the quality of education in developing countries may depend crucially on whether … program in Senegal, which decentralized a portion of the country’s education budget. We find large positive effects on test …

Persistent link: https://www.econbiz.de/10011240567

Into College, Out of Poverty? Policies to Increase the Postsecondary Attainment of the Poor

Dynarski, Susan; Deming, David - National Bureau of Economic Research (NBER) - 2009

We review the experimental and quasi-experimental research evidence on the causal relationship between college costs and educational attainment, with a particular focus on low-income populations. The weight of the evidence indicates that reducing college costs can increase college entry and...

Persistent link: https://www.econbiz.de/10008627134

Credit Constraints in Education

Lochner, Lance; Monge-Naranjo, Alexander - National Bureau of Economic Research (NBER) - 2011

We review studies of the impact of credit constraints on the accumulation of human capital. Evidence suggests that credit constraints are increasingly important for schooling and other aspects of households' behavior. We highlight the importance of early childhood investments, since their...

Persistent link: https://www.econbiz.de/10009294899

Leveling Up: Early Results from a Randomized Evaluation of Post-Secondary Aid

Angrist, Joshua; Autor, David; Hudson, Sally; Pallais, … - National Bureau of Economic Research (NBER) - 2014

Does financial aid increase college attendance and completion? Selection bias and the high implicit tax rates imposed by overlapping aid programs make this question difficult to answer. This paper reports initial findings from a randomized evaluation of a large privately-funded scholarship...

Persistent link: https://www.econbiz.de/10011119803

Student Loans and Repayment: Theory, Evidence and Policy

Lochner, Lance; Monge-Naranjo, Alexander - National Bureau of Economic Research (NBER) - 2015

Rising costs of and returns to college have led to sizeable increases in the demand for student loans in many countries. In the U.S., student loan default rates have also risen for recent cohorts as labor market uncertainty and debt levels have increased. We discuss these trends as well as...

Persistent link: https://www.econbiz.de/10011123617

Borrowing Trouble? Student Loans, the Cost of Borrowing, and Implications for the Effectiveness of Need-Based Grant Aid

Marx, Benjamin M.; Turner, Lesley J. - National Bureau of Economic Research (NBER) - 2015

We use regression discontinuity and regression kink designs to estimate the impact of need-based grant aid on the borrowing and educational attainment of students enrolled in a large public university system. Pell Grant aid substantially reduces borrowing: among students who would borrow in the...

Persistent link: https://www.econbiz.de/10011123628

Early and Late Human Capital Investments, Borrowing Constraints, and the Family

Caucutt, Elizabeth; Lochner, Lance - National Bureau of Economic Research (NBER) - 2012

stages. We use this calibrated model to study the effects of education subsidies, loans and transfers offered at different …

Persistent link: https://www.econbiz.de/10010584458

The Determinants of Public Education Expenditures: Evidence from the States, 1950-1990

Fernandez, Raquel; Rogerson, Richard - National Bureau of Economic Research (NBER) - 1997

personal income and number of students on expenditure on public primary and secondary education. Our analysis suggests that the … share of personal income devoted to education is roughly constant, implying that per student education expenditures grow at … in education expenditures over the period 1950-1970. …

Persistent link: https://www.econbiz.de/10005575102

To Segregate or to Integrate: Education Politics and Democracy

de la Croix, David; Doepke, Matthias - National Bureau of Economic Research (NBER) - 2007

The governments of nearly all countries are major providers of primary and secondary education to their citizens. In … of education. In this study, we ask why different societies make different choices regarding the mix of private and … public schooling. We develop a theory which integrates private education and fertility decisions with voting on public …

Persistent link: https://www.econbiz.de/10005050447

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