Investing In Schooling In Chile: The Role Of Information About Financial Aid For Higher Education

Recent economic research shows that imperfect information about Mincer returns to education (in developing countries) or about financial aid (in the US) may undermine investments in schooling and exacerbate inequalities in access to education. The authors extend this literature by presenting the results of an experiment that provided children and a subset of their parents with specific information about financial aid for higher education, and measured the impact on effort in primary school. They developed a DVD information program and randomly assigned a sample of Chilean 8th graders in poor urban schools to information treatment and control groups.

Provided by: Princeton University Topic: CXO Date Added: Feb 2011 Format: PDF

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