Due primarily to the difficulty of obtaining ideal data, much remains unknown about how college majors are determined. We take advantage of longitudinal expectations data from the Berea Panel Study to provide new evidence about this issue, paying particular attention to the choice of whether to...

We develop and estimate an equilibrium model of study time choices of students on a social network. We examine how network structure interacts with student characteristics to affect academic achievement. Due to data limitations, few papers examine the mechanisms through which peer effects...

We estimate a dynamic learning model of college dropout, taking advantage of unique expectations data to greatly reduce our reliance on standard assumptions. Our simulations show that forty-five percent of dropout in the first two years of college can be attributed to what students learn about...