. This framework demonstrates that non-monetary costs of applying for income-based repayment assistance are critical to … may be inefficient and lead to undesirable redistribution. Empirically, we demonstrate that expanding Canada's income …

This paper examines the implications of tuition and need-based financial aid policies for family income - post …-secondary (PS) attendance relationships. We first conduct a parallel empirical analysis of the effects of parental income on PS … income in Canada relative to the U.S., even after controlling for family background, adolescent cognitive achievement, and …

throughout their lives, parents' initial skills and skill growth rates are equally important determinants of children's skills … lower for children born to younger fathers … transmission of these factors explains up to 40% of children's skill variation. Skills become a more important determinant of …

have increased. We discuss these trends as well as recent evidence on the extent to which students are able to obtain … student credit arrangements that balance three important objectives: (i) providing credit for students to access college and … outcomes in the form of income-contingent repayments, and (iii) providing incentives for student borrowers to honor their loan …

, over half of all low-income borrowers manage to make timely payments. We demonstrate that other financial resources in the … advocated for a move to an income-based repayment system. Under such a system, many low-income borrowers in good-standing (due … payment among those that are currently delinquent or in default since their income levels are so low. Specifically, we show …