This paper conducts a large-scale study on how students revise their educational expectations and change their post …

educational choices for a sample of highschool students in Stockholm. We find average ex-ante returns to university to be 36 … students sort into education based on their comparative advantage. Nevertheless, our results suggest that an OLS estimator of …

Because students rely on their subjective expectations when choosing a college major, understanding this process of … expectations formation is crucial for education policy recommendations. This paper focuses on how college students form … that contains their subjective expectations about major-specific outcomes. Although students tend to be overconfident about …