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

Author

Listed:
  • Taryn Dinkelman

    (Dartmouth College, BREAD, and CEPR)

  • Claudia Martínez A.

    (Department of Economics, Faculty of Economics and Business, Universidad de Chile)

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. © 2014 The President and Fellows of Harvard College and the Massachusetts Institute of Technology

Suggested Citation

  • Taryn Dinkelman & Claudia Martínez A., 2014. "Investing in Schooling In Chile: The Role of Information about Financial Aid for Higher Education," The Review of Economics and Statistics, MIT Press, vol. 96(2), pages 244-257, May.
    • Handle: RePEc:tpr:restat:v:96:y:2014:i:2:p:244-257
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    References listed on IDEAS

    as
    1. Imbens, Guido W & Angrist, Joshua D, 1994. "Identification and Estimation of Local Average Treatment Effects," Econometrica, Econometric Society, vol. 62(2), pages 467-475, March.
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    More about this item

    Keywords

    schools; higher education; financial aid; Chile;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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