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Investing in Schooling In Chile: The Role of Information about Financial Aid for Higher Education

Taryn Dinkelman1; Claudia Martínez A.2

1 Dartmouth College, BREAD, and CEPR · 2 Department of Economics, Faculty of Economics and Business, Universidad de Chile

The Review of Economics and Statistics 2014 open access

Abstract We investigate the impacts of providing low-income Chilean adolescents with information about how to finance higher education and ask whether providing parents with the same information magnifies the effects on schooling outcomes. We randomly assigned eighth graders and some parents to receive information about aid for higher education. Exposure to information raised college preparatory high school enrollment, primary school attendance, and financial aid knowledge, with gains concentrated among medium- and high-grade students. Parental exposure to information did not significantly magnify these effects. Our results demonstrate that access to relevant information about financial aid affects important schooling choices long before tertiary education begins.

DOI
10.1162/rest_a_00384
Volume
96 (2)
Pages
244-257
Language
en
Export
BibTeX
Sources
crossref openalex