When students fund their education through loans, changes in student borrowing and tuition are interlinked. Higher … tuition costs raise loan demand, but loan supply also affects equilibrium tuition costs - for example, by relaxing students …

State merit aid programs have been found to reduce the likelihood that students attend college out-of-state. Using the …

discontinuity design. Loan programs induce students to pursue college degrees that are more expensive and prolonged relative to … education when students are about 30 years old. The college premium seems to increase over time, possibly offsetting the initial …

enrollment among students with low parental income and improve life-cycle earnings outcomes. This paper calculates the elasticity … an overall decrease in mean life-cycle earnings due to students downgrading from 4-year colleges to 2-year colleges …

Florida students to identify the returns to four-year college for students on the academic margin of college admission. In … of the importance of credit constraints within this population. I find that students who obtain high school grades just … a four-year college and much less likely to attend a community college than students with grades just below the …

We develop a model of college assignment as a large contest wherein students with heterogeneous abilities compete for … approximate the outcomes of a game with large, but finite, sets of colleges and students. By incorporating two common families of …

students in Korea. The Korean government limits the number of admission slots at each college by assigning a binding quota for … each year. An increase in the quota admits more academically marginal students to college. The Instrumental Variables (IV …-year college attendance of marginal students increases their hourly wage by 68.5%. College education also increases fringe bene ts …

This paper examines the returns to institutional quality for college transfer students and asks whether the additional … information provided by such students provides insight into the role of human capital accumulation in determining a college …