The college experience involves much more than credit hours and degrees. Students likely derive utility from in … come by. Leveraging the COVID-19 shock, we elicit students' intended likelihood of enrolling in higher education under … socioeconomic groups. Our analysis shows that economically-disadvantaged students derive substantially lower value from university …

We use unique data to examine how college students from low income families form expectations about academic ability … characterize beliefs. At the time of entrance, students tend to substantially discount the possibility of bad grade performance …, students update their beliefs in a manner which takes into account both initial beliefs and new information, with heterogeneity …

We explore the extent to which schools manipulate the composition of students in the test-taking pool in order to …

enrollment qualifications, and graduate earnings. We find for both that disadvantaged students match to lower quality degrees …

. More selective and better funded schools, and those enrolling socio-economically advantaged students, teach more frontier …. Students from schools teaching more frontier knowledge are more likely to complete a PhD, produce more patents, and earn more …

large negative research effects, disproportionately affecting junior faculty and PhD students. Finally, faculty facing …