of all college students fail to earn a bachelor's degree, we study a model of risky college completion. The central idea … is that students drop out of college mainly because they fail to complete the requirements for earning a degree. This … introduces two levels of ability selection that reinforce each other. (i) In college, low ability students typically do not …

We examine the consequences of compressing secondary schooling on students' university enrollment. An unusual education … remaining years. Accordingly, students receive the same amount of schooling but over a shorter period of time, constituting an … students in Germany, we find that this reform decreased enrollment rates. Moreover, students are more likely to delay their …

and Krueger (2002) that examined the relationship between the college that students attended in 1976 and the earnings they … estimate the return to various measures of college selectivity for a more recent cohort of students: those who entered college … in 1989. We also estimate the return to college selectivity for the 1976 cohort of students, but over a longer time …