The effects of financial aid and returns information in selective and less selective schools: Experimental evidence from Chile

Matias Busso, Taryn Dinkelman, A. Claudia Martínez and Dario Romero
Authors registered in the RePEc Author Service: Claudia Martínez A.

Labour Economics, 2017, vol. 45, issue C, 79-91

Abstract: Schools that provide higher education often belong to either a merit-based selective system or an open-access less selective system. We present 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. We find no effect 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, lower employment probabilities, but with higher quality relative to their baseline preferences.

Keywords: Information experiment; Higher education; Financial aid; Returns to education; Chile (search for similar items in EconPapers)
JEL-codes: D83 I22 I23 I26 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Working Paper: The Effects of Financial Aid and Returns Information in Selective and Less Selective Schools: Experimental Evidence from Chile (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:labeco:v:45:y:2017:i:c:p:79-91

DOI: 10.1016/j.labeco.2016.11.001

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