To understand the socio-economic enrollment gap in university attendance, we elicit
students' beliefs about the benefits of university education in a sample of 2,540 secondary …

From 1995 to 2015 the aggregate US college completion rate increased almost 50 percent,
but completion trends differed markedly by family background. We consider whether …

Despite increases in the college earnings premium to persistently high levels, investment in
college education remains low. We can understand this apparent puzzle by considering the …

This paper is motivated by the fact that nearly half of US college students drop out without
earning a bachelor's degree. Its objective is to quantify how much uncertainty college …

High dropout rates are often thought to signal inefficient education, but students can drop out
of optional higher education only if they previously chose to enroll. This paper shows that …

As the price of college and student loan debt has grown relative to inflation in recent
decades, many have questioned the return on investment offered by a college degree. 1 …

In 2009 the US government introduced a major income-contingent loans (ICLs) program for
financing higher education. We investigate its welfare implications in the presence of income …

This chapter outlines an ambitious agenda for future research to continue deepening our
understanding of student loan borrowing and repayment decisions, as well as the …

Among the many structures of foundation pit, the pile-anchor support structure has the
characteristics of high safety, low cost, not occupying the space of foundation pit and …

At first glance, college appears to be of great value to most, given its mean returns and
sharply subsidized tuition. An empirically-disciplined human capital model that allows for …