In this paper we evaluate the impact of need-based grants on university drop-out rates in the first year of enrollment, using student-level administrative data from all Italian universities in the period 2003-2013. We exploit the fact that not all eligible students receive financial aid due to...

One of the reasons for a government to support an education system is its role in productivity growth of its citizens and nation's economic development. Although in some less-developed countries, such as Colombia, there is low levels of non-participation in primary and secondary education, there...

We estimate the impact of student loan “nudges” on community college students' borrowing and provide the first experimental evidence of the effect of student loans on educational attainment. Nonbinding loan offers listed in students' financial aid award letters, that do not alter students'...