This paper estimates the impact of the College Level Examination Program (CLEP) examination, a college-level exam that offers credit for student mastery of a content area in lieu of completing a course. Using a regression discontinuity design, we find that passing a CLEP exam leads to a 17...

Using the universe of SAT score sends to colleges and the exact date on which these scores are sent, we estimate how students responded to the release of the U.S. Department of Education's College Scorecard in September 2015. We find that data on annual cost and graduation rate, both of which...

Students starting at a two-year college are much less likely to graduate with a college degree than similar students who start at a four-year college but the sources of this attainment gap are largely unexplained. In this paper we simultaneously investigate the attainment consequences of sector...

We implement a regression discontinuity design using the continuous raw Advanced Placement (AP) exam scores, which are mapped into the observed 1-5 integer scores, for over 4.5 million students. Earning higher AP integer scores positively impacts college completion and subsequent exam taking....

In light of the sizeable financial and time investments associated with obtaining a postsecondary degree, the choice of where to apply and enroll should be a deliberate and thoughtful process. In this paper we exploit changes in application fees and admissions essay requirements, to demonstrate...