well as performance. Using information from the Danish labor market register, we identify college students, whether these … students graduate, and if they registered a new venture. We find that a larger share of dropouts starts a business, but this …

We use unique data to examine how college students from low income families form expectations about academic ability … characterize beliefs. At the time of entrance, students tend to substantially discount the possibility of bad grade performance …, students update their beliefs in a manner which takes into account both initial beliefs and new information, with heterogeneity …