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Household-Level Education Borrowing Constraints: Evidence Using the College Attendance of the Sisters of Vietnam Draft Avoiders

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  • Andrew W. Horowitz
  • Jungmin Lee
  • Julie R. Trivitt

Abstract

Most studies of U.S. education borrowing constraints are based on an individual male household member and find that they have little effect on educational attainment. We argue that the correct unit of analysis is the attainment of all sibling intrahousehold resource rivals. We use the male college attendance return shock associated with Vietnam War conscription risk as a quasi-natural experiment. In credit-constrained households, scarce education resources should shift toward at-risk males and manifest in lower attainment by resource rival sisters. We find significantly lower attendance among rival sisters. Our findings cast doubt on assertions that borrowing constraints do not affect attainment. (c) 2009 by The University of Chicago. All rights reserved.

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  • Andrew W. Horowitz & Jungmin Lee & Julie R. Trivitt, 2009. "Household-Level Education Borrowing Constraints: Evidence Using the College Attendance of the Sisters of Vietnam Draft Avoiders," Journal of Human Capital, University of Chicago Press, vol. 3(3), pages 197-223.
    • Handle: RePEc:ucp:jhucap:v:3:y:2009:i:3:p:197-223
    DOI: 10.1086/651017
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    2. Horowitz, Andrew W. & Souza, André Portela, 2011. "The impact of parental income on the intra-household distribution of school attainment: A measurement strategy and evidence," The Quarterly Review of Economics and Finance, Elsevier, vol. 51(1), pages 1-18, February.
    3. Gicheva, Dora, 2011. "Does the Student-Loan Burden Weigh into the Decision to Start a Family?," UNCG Economics Working Papers 11-14, University of North Carolina at Greensboro, Department of Economics.

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