families? I present new evidence on this important question using data from two loan programs for college students in Chile …. Both programs offer loans to students who score above a threshold on the national college admission test, enabling a … regression discontinuity evaluation design. I find that students who score just above the cutoff have nearly 20 percentage points …

Florida students to identify the returns to four-year college for students on the academic margin of college admission. In … of the importance of credit constraints within this population. I find that students who obtain high school grades just … a four-year college and much less likely to attend a community college than students with grades just below the …

indirect. This paper provides direct evidence by comparing university enrollment rates of potential South African students …

Utilizing experimental data on choices over real monetary rewards made by university students, we provide evidence that … find an average fixed cost component of discounting in the range of $5 for unemployed students and near $0 for employed … students. An increase in annual disposable income of $1000 decreases the fixed cost component of discounting by approximately …

discontinuity design. Loan programs induce students to pursue college degrees that are more expensive and prolonged relative to … education when students are about 30 years old. The college premium seems to increase over time, possibly offsetting the initial …

from a random sample of undergraduate students in the United States and implement a research design that instruments for … tuition with relatively large changes to the tuition of students who enrolled at the same school in different cohorts. We find … among poorer, credit-constrained students. Thus, the relatively large increases in the price of education in the United …

-off by defaulting. Student transfer alleviates credit constraints by reducing students' need to borrow, but taxing labor can …