We estimate the monetary return to attending a highly selective college using the College and Beyond (C&B) Survey linked to Detailed Earnings Records from the Social Security Administration (SSA). This paper extends earlier work by Dale and Krueger (2002) that examined the relationship between...

We analyze how school vouchers affect post-secondary attainment by exploiting the universal voucher program implemented in Chile in 1981. The program allowed students to choose which primary and secondary schools to attend. The government covered tuition independently of whether the chosen...

In a centralized marketplace that was designed to be simple, we identify participants whose choices are dominated. Using administrative data from Hungary, we show that college applicants make obvious mistakes: they forgo the free opportunity to receive a tuition waiver worth thousands of...