students respond to their menus' like rational human capital investors. Whether they make the investments efficiently is … aptitude students respond to aid in a way that apparently reduces their lifetime present value. While both a lack of … sophistication/information and credit constraints can explain the behavior of this 30 percent of students, the weight of the evidence …

students respond to their menus' like rational human capital investors. Whether they make the investments efficiently is … aptitude students respond to aid in a way that apparently reduces their lifetime present value. While both a lack of … sophistication/information and credit constraints can explain the behavior of this 30 percent of students, the weight of the evidence …

organization models (with product differentiation and students being both" consumers of and inputs into higher education) would …-college variation in student" quality, less within-college variation in student quality, higher average subsidies to students greater …, including data on students'" home residences …

In identifying whether universities provide opportunities for low-income students, there is a measurement challenge …: different institutions face students with different incomes and preparation. We show how a hypothetical university's "relevant … pool"-the students from whom it could plausibly draw-affects popular measures: the Pell share, Bottom Quintile share, and …