Student Loan Nudges: Experimental Evidence on Borrowing and Educational Attainment
نویسندگان
چکیده
منابع مشابه
Student Aid, Student Behavior, and Educational Attainment
Forty years ago, when the federal system of student loans and grants was born, providing the basis for today’s student financial aid system, about half of all recent high school graduates were enrolled in college. Today, more than two-thirds of those who complete high school enroll in two-year or four-year colleges within a year (NCES, 2012c, Table 234). While significant differences persist ac...
متن کاملDoes Student Loan Debt Affect Borrowing by Young Households?
This study takes on the issue of young adults’ retreat from the housing and auto markets from a different perspective. Instead of trying to establish a correlation and causality between homeownership and student loan debt of young households, which has been the common approach in the literature, this study will attempt to reveal the connection between student loan debt and young households’ acc...
متن کاملThe Economics of Student Loan Borrowing and Repayment a Simple Theory of Student Borrowing and Repayment What Makes Student Loans Dif- Ferent?
www.philadelphiafed.org R eports in the popular press and policymakers’ concerns about student loans have greatly intensified in recent years because of rising student loan balances and defaults. Even greater cause for concern arose as student loans outstanding passed credit card debt to become the single largest nonmortgage household debt in 2012. Worries about the risk of massive default have...
متن کاملThe Effect of Parental Transfers and Borrowing Constraints on Educational Attainment∗
A strong positive association between one’s school attainment and that of one’s parents has been consistently documented in numerous empirical studies.2 The underlying cause of this intergenerational correlation has been the subject of contentious debate in the social sciences for many years. Two competing types of explanations are prominent. The first is based on the heritability of traits, th...
متن کاملLabor Allocation in Paid Crowdsourcing: Experimental Evidence on Positioning, Nudges and Prices
This paper reports the results of a natural field experiment where workers from a paid crowdsourcing environment selfselect into tasks and are presumed to have limited attention. In our experiment, workers labeled any of six pictures from a 2 x 3 grid of thumbnail images. In the absence of any incentives, workers exhibit a strong default bias and tend to select images from the top-left (“focal”...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: American Economic Journal: Economic Policy
سال: 2019
ISSN: 1945-7731,1945-774X
DOI: 10.1257/pol.20180279