Credit Access and College Enrollment

Alex Solis

Journal of Political Economy, 2017, vol. 125, issue 2, 562 - 622

Abstract: Does access to credit explain the gap in schooling attainment between children from richer and poorer families? I present new evidence on this important question based on the causal effects of two college loan programs in Chile that are available to students scoring above a threshold on the national college admission test, enabling a regression discontinuity design. I find that credit access leads to a 100 percent increase in immediate college enrollment and a 50 percent increase in the probability of ever enrolling. Moreover, access to loans effectively eliminates the income gap in enrollment and number of years of college attainment.

Date: 2017
References: Add references at CitEc
Citations: View citations in EconPapers (84)

Downloads: (external link)
http://dx.doi.org/10.1086/690829 (application/pdf)
http://dx.doi.org/10.1086/690829 (text/html)
Access to the online full text or PDF requires a subscription.

Related works:
Working Paper: Credit Access and College Enrollment (2013)
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:ucp:jpolec:doi:10.1086/690829

Access Statistics for this article

More articles in Journal of Political Economy from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().