Chatterjee, Satyajit; Ionescu, Felicia - In: Quantitative economics : QE ; journal of the … 3 (2012) 3, pp. 393-420
students who take out a loan do not earn a degree (the dropout rate among college students is between 33 and 50 percent). We … and graduation rates among recent U.S. high school graduates. In our model, students may fail to earn a degree because …