Showing 1 - 10 of 572
As a companion paper to our work on students' application and colleges' admission decisions, we have estimated a joint …
Persistent link: https://www.econbiz.de/10013311937
For-profit providers are becoming an increasingly important fixture of US higher education markets. Students who attend … than students attending similarly-selective public schools. Because for-profits tend to serve students from more …. The first-stage estimates show that students are much more likely to enroll in a for-profit institution for a given labor …
Persistent link: https://www.econbiz.de/10013224972
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 …
Persistent link: https://www.econbiz.de/10013030136
federal student loans to students who have received information about financial aid but have not made a borrowing decision. A … treatment reminding students that they need not borrow the maximum amount of available loan aid does not affect borrowing …. Treatments referencing amounts borrowed by recent graduates shift students from borrowing the maximum amount to not borrowing …
Persistent link: https://www.econbiz.de/10012869226
The collapse in home prices during the Great Recession triggered a sharp drop in consumer demand by households, leading to massive employment losses. This paper examines the implications of these labor market shocks for the dramatic rise in student loan defaults, which originated during this...
Persistent link: https://www.econbiz.de/10012960155
and scholars that the declines in state support have reduced the return to education investment for public sector students … four-year students, and we analyze individuals into their mid-30s. For four-year students, we find that state appropriation … adverse debt outcomes, and these students experience substantial increases in their credit score and in the affluence of the …
Persistent link: https://www.econbiz.de/10014092961
We ask why so few student loan borrowers enroll in Income Driven Repayment when the majority would benefit from doing so. To do so we run an incentivized laboratory experiment using a facsimile of the government's Student Loan Exit Counseling website. We test the role information complexity,...
Persistent link: https://www.econbiz.de/10012907768
process does little to improve the targeting of both student loans and grants, for both dependent and independent students. We …
Persistent link: https://www.econbiz.de/10012759532
This paper examines the influence of educational debt aversion on the career choice of law school students, including …
Persistent link: https://www.econbiz.de/10013218442
One in five consumer credit accounts incur late fees each quarter. Evidence on the efficacy of regulations to improve behavior through enhanced disclosure of financial product attributes is mixed. We test a novel form of disclosure that provides borrowers with a personalized measure of their...
Persistent link: https://www.econbiz.de/10012867069