Affording college with the help of asset building: First experimental impacts from Italy

Davide Azzolini (), Alberto Martini, Barbara Romano and Loris Vergolini ()

Economics Letters, 2018, vol. 169, issue C, 27-30

Abstract: This paper presents the early impact estimates from a randomized controlled trial aimed at testing the efficacy of an asset-building programme on higher education participation of children coming from low-income families. The experimental evidence points to positive and statistically significant impacts of the programme on university enrolment (+8.7 percentage points) and the likelihood of passing at least one exam in the first semester (+9.3 pp). The impact of the programme is substantially larger for students from vocational schools (+21 and +33 pp, respectively). The results suggests that incentivized savings represent a viable option to improve the effectiveness of financial aid.

Keywords: Higher education; Social inequality; Financial aid; Asset building; Randomized controlled trial (search for similar items in EconPapers)
JEL-codes: C90 D04 I22 I24 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:169:y:2018:i:c:p:27-30

DOI: 10.1016/j.econlet.2018.05.006

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