Long-term effects of grants and loans for vocational education q

被引:4
作者
Aguirre, Josefa [1 ,2 ]
机构
[1] Pontificia Univ Catolica Chile, Escuela Gobierno, Santiago, Chile
[2] Pontificia Univ Catolica, Sch Govt, Santiago, Chile
关键词
Higher education; Financial aid; Grants; Loans; Vocational education; Chile; FINANCIAL-AID; BORROWING CONSTRAINTS; COLLEGE; ENROLLMENT; ACCESS; ASSISTANCE; CHOICE; IMPACT;
D O I
10.1016/j.jpubeco.2021.104539
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this paper I study the long-term effect of giving low-income, low-performing students access to state grants and loans for vocational schools. I combine 12 years of administrative records on higher education enrollment and graduation in Chile and exploit the fact that access to state grants for 2-year vocational programs and state loans for 2-year and 4-year vocational programs are both a discontinuous function of a student's GPA. Both grants and loans increase a student's probability of ever enrolling in higher educa-tion, as well as the number of years that students spend enrolled. Although imprecise, results show a pos-itive effect on graduation. Findings indicate that financial aid can increase degree completion, even when targeted to low-performing students attending vocational education. (c) 2021 Elsevier B.V. All rights reserved.
引用
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页数:25
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