The Effects of Financial Aid and Returns Information in Selective and Less Selective Schools: Experimental Evidence from Chile
Schools that provide higher education often belong to either a merit-based selective system or an open-access less selective system. This paper presents the results of a field experiment that provided Grade 12 students in Chile with tailored information about financial aid and average earnings and employment probabilities for schools and careers in both types of schools. No effect is found on the extensive margins of enrollment in the selective or in the less selective sector. Treated students change their intensive margin decisions: they choose careers and schools with lower expected wages and lower employment probabilities, but with higher quality relative to their baseline preferences.
Saved in:
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Working Papers biblioteca |
| Language: | English |
| Published: |
Inter-American Development Bank
|
| Subjects: | Higher Education, Vocational and Technical Education, School Choice, Education Enrollment, School Attendance, High School, Student Loan, Scholarship, D83 - Search • Learning • Information and Knowledge • Communication • Belief • Unawareness, I22 - Educational Finance • Financial Aid, I23 - Higher Education • Research Institutions, school choice;government loans;scholarships, |
| Online Access: | http://dx.doi.org/10.18235/0011770 https://publications.iadb.org/en/effects-financial-aid-and-returns-information-selective-and-less-selective-schools-experimental |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|