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The Review of Economics and Statistics Vol. 98 No. 4 2016

Learning from the Test: Raising Selective College Enrollment by Providing Information

Sarena Goodman1,2

1 Federal Reserve · 2 Federal Reserve Board of Governors

open access

Abstract

Between 2000 and 2010, five U.S. states adopted mandates requiring high school juniors to take a college entrance exam. In the two earliest-adopting states, nearly half of all students were induced into testing, and 40% to 45% of them earned scores high enough to qualify for selective colleges. Selective enrollment rose by 20% following implementation of the mandates, reflecting substitution away from noncompetitive schools. I conclude that a large number of high-ability students appear to dramatically underestimate their candidacy for selective colleges. Policies aimed at reducing this information shortage are likely to increase human capital investment for a substantial number of students.

DOI
10.1162/rest_a_00600
Volume
98
Issue
4
Pages
671-684
Language
en
Sources
openalex crossref

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