Long-term effects of grants and loans for vocational education

Josefa Aguirre

Journal of Public Economics, 2021, vol. 204, issue C

Abstract: In this paper I study the long-term effect of giving low-income, low-performing students access to state grants and loans for vocational schools. I combine 12 years of administrative records on higher education enrollment and graduation in Chile and exploit the fact that access to state grants for 2-year vocational programs and state loans for 2-year and 4-year vocational programs are both a discontinuous function of a student’s GPA. Both grants and loans increase a student’s probability of ever enrolling in higher education, as well as the number of years that students spend enrolled. Although imprecise, results show a positive effect on graduation. Findings indicate that financial aid can increase degree completion, even when targeted to low-performing students attending vocational education.

Keywords: Higher education; Financial aid; Grants; Loans; Vocational education; Chile (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0047272721001754
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:pubeco:v:204:y:2021:i:c:s0047272721001754

DOI: 10.1016/j.jpubeco.2021.104539

Access Statistics for this article

Journal of Public Economics is currently edited by R. Boadway and J. Poterba

More articles in Journal of Public Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().