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We explore the role of defaults and choice architecture on student loan decision-making, experimentally testing the impact pre-populating either decline or accept decisions compared to an active choice, no pre-population, decision. We demonstrate that the default choice presented does influence...
Persistent link: https://www.econbiz.de/10012510581
Non-financial barriers to college are an important possible explanation for socioeconomic, racial, gender, and other gaps in college access and success. A sizeable economic literature documents policy efforts to understand and address these barriers. We review this literature on non-financial...
Persistent link: https://www.econbiz.de/10013210082
The increasing tension between the perceived necessity of a college degree and the challenge of paying for it has led to a proliferation of financial aid policy in the U.S. and around the world. More students are receiving more aid today, and more different types of aid, than ever before. Half a...
Persistent link: https://www.econbiz.de/10013334492
There is debate over whether Asian American students are admitted to selective colleges and universities at lower rates than white students with similar academic qualifications. However, there have been few empirical investigations of this issue, in large part due to a dearth of data. Here we...
Persistent link: https://www.econbiz.de/10014337761
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Socioeconomic gaps in college enrollment and attainment have widened over time, despite increasing returns to postsecondary education and significant policy efforts to improve access. We describe the barriers that students face during the transition to college and review the evidence on...
Persistent link: https://www.econbiz.de/10012456890
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Persistent link: https://www.econbiz.de/10003747042
Socioeconomic gaps in college enrollment and attainment have widened over time, despite increasing returns to postsecondary education and significant policy efforts to improve access. We describe the barriers that students face during the transition to college and review the evidence on...
Persistent link: https://www.econbiz.de/10013010712