State governments provide grants to students to subsidize college attendance. In response, colleges can adjust their tuition, aid policies, and admission standards, affecting equilibrium enrollment and pass-through of aid to students. To quantify demand- and supply-side responses, I develop a...

This paper examines the impact of tuition fees on graduation rates among high-school leavers. We analyse the introduction of fees in several German states in 2006-07 (around EUR 1,000 annually), using administrative microdata on all university graduates and a difference-in-differences approach....

The paper analyzes the effects of two kinds of college education subsidies: unconditional tuition discounts and targeted forgiveness of student loans on student college enrollment and completion or dropout decisions. We focus on students’ imperfect knowledge of their academic ability at the...

This paper studies families' capacity to pay for college in the United States, focusing on changes over time and differences by race and socioeconomic status. I use data from the National Postsecondary Student Aid Study (NPSAS) to document changes over time in the Expected Family Contribution...

We evaluate the First-Generation Graduate Scholarship scheme implemented in the Indian state of Tamil Nadu, which waives tuition fees for first-generation college students in technical education. Using household survey data in difference-in-differences (DiD) and synthetic DiD frameworks, we find...

This study examines how financial aid shapes post-secondary enrollment and persistence among senior high school graduates, challenging assumptions in traditional human capital theory. While the theory posits that reducing financial barriers increases participation, findings suggest a more...