In this pre-registered study, we analyze the effects of need-based financial aid grant offers on the educational outcomes of low-income college students based on a large-scale randomized experiment (n=48,804). We find evidence that the grant offers increase two-year persistence by 1.7 percentage...

We address the role of youths` own choice-conditioned expectations in understanding their schooling choices by constructing a choice (or quot;switchingquot;) model. We emphasize the effect of individual student perceptions regarding the returns associated with graduating from high school versus...

In this pre-registered study, we analyze the effects of need-based financial aid grant offers on the educational outcomes of low-income college students based on a large-scale randomized experiment (n=48,804). We find evidence that the grant offers increase two-year persistence by 1.7 percentage...