students, however it distorts incentives towards educational investments. Using the model at calibrated parameters, we quantify …

model of college admissions in which a college disagrees with society on which students should be admitted. We show how the … preferred student pool. We discuss which students either benefit from or are harmed by a test-optional policy. In an application …

. But the linear-in-means model masks considerable heterogeneity in the effects experienced by different types of students …. Using nonlinear models, one prevalent finding is larger peer effects in which high ability students benefit from the … presence of other high ability students. Studies that stratify students by race and ability often find that students are …

This paper explores students' expectations about the returns to completing higher education and provides first evidence … hypothetical scenarios of leaving university with or without a degree certificate among a large and diverse sample of students at …