This paper characterizes optimal education and population policies within a continuous-time overlapping generations (OLG) framework where fertility, schooling duration, and health expenditures are endogenous. In this model, mortality risk is driven by a negative congestion effect from population...

We provide the first national descriptive analysis of the economic value of Community College Baccalaureate (CCB) degrees by examining graduates' early-career earnings, the costs of completing these programs, and the alignment between field of study and subsequent employment. Using...

In many countries, subsidies towards higher education and financial aid to students from poorer backgrounds have reduced socio-economic status (SES) gaps in undergraduate study. The increasing importance of graduate studies that are typically more expensive may, however, provide a new avenue for...

Financial student aid improves educational outcomes and reduces social inequality, yet many eligible students do not take it up. To examine whether correcting misperceptions increases take-up, I conducted an RCT with 6,225 university students across Germany who were not receiving aid. I find...

US college-educated couples with children marry at higher rates than those without a college degree. We argue that marriage, which entails lower separation risk and more equitable asset division if separation occurs, provides insurance to the lower-earning spouse, facilitating child investment....

We analyze whether men and women respond differently to tuition variation for both university entry and STEM major choice, using a 30-year Australian individual-level administrative dataset. The Australian setting is unique: tuition fees are regulated, students can defer payment through...

While the body of literature on the non-take-up of public aid has grown substantially in recent years, a notable gap remains in the literature of non-take-up rates for student aid programs, where research is still extremely limited. This paper examines the non-take-up rate of Germany's federal...

Why do US college-educated couples with children marry at higher rates than those without a college degree? We argue that investing in children is more valuable for college-educated couples, who are more likely to send their children to college. Marriage, which entails lower separation risk and...

This study examines how the Technical Education and Skills Development Authority (TESDA) scholarships effectively target the poor while achieving its internal and external efficiency outcomes. It defined "poor" in two ways: (1) individuals with income below USD 3 per day, based on the World Bank...

As college attainment expanded in the U.S., the fraction of public funds allocated to selective colleges and universities declined. Does this make sense from an efficiency standpoint, given that the majority of college entrants face the highest financial returns at selective colleges? Should the...

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...

Student loans have taken on an increasingly significant role in funding the higher education experience and payments toward student loan debt have become an important part of many borrowers' overall financial plan. Using Brandwatch, this study analyzes X data to better understand student loan...

A human capital model is used to examine students' willingness to borrow to pay for a college degree. We hypothesize direct costs of education and education goals to be positively associated and current income and alternative financial support to be negatively associated with willingness to...

This tool presents comparative data on student fees and financial support in the European education systems. It covers public and government-dependent higher education institutions. Data is provided by the 39 member countries of the Eurydice network and is collected in accordance with the...

This paper considers the role universities play in determining their enrollment when faced with government regulated domestic tuition. Our theoretical framework posits that domestic student enrollment increase and international student enrollment decrease or remain unchanged when domestic...

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...

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...

In many countries, subsidies towards higher education and financial aid to students from poorer backgrounds have reduced socio-economic status (SES) gaps in undergraduate study. The increasing importance of graduate studies that are typically more expensive may, however, provide a new avenue for...

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 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....

Exploiting the quasi-experimental introduction of tuition fees in selected federal states of Germany between 2006 and 2014, this study investigates how these fees affect the likelihood of overeducation based on data from the SOEP. Reporting lower bound estimates, the findings show that graduates...

Parental transfers of time, education, and money shape intergenerational mobility. Using panel data from birth to retirement, we estimate child skill production functions and embed them in a dynastic model of parental investment. We find that parental time investments have a dual purpose:...

In this paper, I investigate the effects of offering conditional student aid to foreign students on their labor supply in Denmark. I utilize a natural experiment created by an EU court ruling in 2013, deciding that foreign students had the right to a monthly student aid subsidy on equal terms...

Parental transfers of time, education, and money shape intergenerational mobility. Using panel data from birth to retirement, we estimate child skill production functions and embed them in a dynastic model of parental investment. We find that parental time investments have a dual purpose:...

Vor mehr als 50 Jahren wurde das Bundesausbildungsförderungsgesetz (BAföG) beschlossen. Es soll Bildungspotenziale ausschöpfen und die Chancengleichheit im (Hochschul-)Bildungswesen fördern. Um die Ziele zu erreichen, gibt es zwei wesentliche Steuerungshebel: Freibeträge und Bedarfssätze....

Vor mehr als 50 Jahren wurde das Bundesausbildungsförderungsgesetz (BAföG) beschlossen. Es soll Bildungspotenziale ausschöpfen und die Chancengleichheit im (Hochschul-)Bildungswesen fördern. Um die Ziele zu erreichen, gibt es zwei wesentliche Steuerungshebel: Freibeträge und Bedarfssätze....

We model student enrollment in markets for higher education where public universities, private non-profit universities, and private for-profit universities compete. Universities differ with respect to their capacity, graduation probability, and profit objective; students differ in ability. The...