We estimate a model of high school students' college choices, allowing for rich heterogeneity in students' preferences … for college attributes. We use data on students' enrollment decisions and application decisions--i.e., the sets of … colleges to which they applied--to identify the distribution of students' preferences. We use our estimates to quantify …

2013. Costly mistakes have externalities: they transfer tuition waivers from high- to low-socioeconomic status students …, and increase the number of students attending college. To shed light on the mechanisms underlying mistakes, we exploit a …

We use administrative data from Ireland to study differences in college application behavior between students from … completely on grades in the terminal high school examinations. Thus, we can compare the application choices of students who have … equal chances of admission to college programs. Conditional on achievement and college opportunities, we find that students …

well as performance. Using information from the Danish labor market register, we identify college students, whether these … students graduate, and if they registered a new venture. We find that a larger share of dropouts starts a business, but this …