We evaluate the effect of performance-based scholarship programs for postsecondary students on student time use and effort and whether these effects are different for students we hypothesize may be more or less responsive to incentives. To do so, we administered a time-use survey as part of a...

This article surveys the existing evidence on the return to a college education and offers new calculations based on recent data. We focus on an individual’s decision and outline the standard conceptual framework used by economists to analyze investments in education. We then compare...

Online offerings at traditional brick-and-mortar universities have become common, though some question if online courses can adequately substitute for the in-person college experience. We explore changes in undergraduate online course enrollment at a large, public 4-year system and the impacts...

In the early 2000s, a highly selective university introduced a "no-loans" policy under which the loan component of financial aid awards was replaced with grants. We use this natural experiment to identify the causal effect of student debt on employment outcomes. In the standard life-cycle model,...