From individual-level longitudinal data for two entire cohorts of medical students in UK universities, we analyse the probability that an individual student will "drop out" of medical school prior to the successful completion of their studies. We examine the cohort of students enrolling for a...

This paper estimates the effect of graduating from college on lifetime earnings. Motivated by the fact that nearly half of all college students fail to earn a bachelor's degree, we study a model of risky college completion. The central idea is that students drop out of college mainly because...

From individual-level longitudinal data for two entire cohorts of medical students in UK universities, we analyse the probability that an individual student will 'drop out' of medical school prior to the successful completion of their studies. We examine the cohort of students enrolling for a...

This paper estimates the effect of graduating from college on lifetime earnings. Motivated by the fact that nearly half of all college students fail to earn a bachelor's degree, we study a model of risky college completion. The central idea is that students drop out of college mainly because...