American Economic Journal:
Economic Policy
ISSN 1945-7731 (Print) | ISSN 1945-774X (Online)
Estimating the Effect of Student Aid on College Enrollment: Evidence from a Government Grant Policy Reform
American Economic Journal: Economic Policy
vol. 2,
no. 2, May 2010
(pp. 185–215)
Abstract
In this paper, we estimate the response of college enrollment to changes in student aid arising from a Danish reform. We separately identify the effect of aid from that of other observed and unobserved variables such as parental income. We exploit the combination of a kinked aid scheme and a reform to identify the effect of direct costs on enrollment. To allow for potential biases due to borrowing constraints, we use detailed information on parents' assets. We find that enrollment is less responsive than found in other studies and that borrowing constraints only deter college enrollment to a minor extent. (JEL H52, I22, I23)Citation
Nielsen, Helena Skyt, Torben Sørensen, and Christopher Taber. 2010. "Estimating the Effect of Student Aid on College Enrollment: Evidence from a Government Grant Policy Reform." American Economic Journal: Economic Policy, 2 (2): 185–215. DOI: 10.1257/pol.2.2.185Additional Materials
JEL Classification
- H52 National Government Expenditures and Education
- I22 Educational Finance
- I23 Higher Education and Research Institutions
There are no comments for this article.
Login to Comment