Do students respond to sticker prices or actual prices when applying to college? These costs differ for students eligible for financial aid. Students who do not understand this may not apply to some colleges because of the perceived high cost. We test for this form of "sticker shock" using College Board data on SAT scores sent, as a…

Using a dataset that includes every private donation made to a large public university from 1938 to 2012 and demographic information on all alumni, we examine the effects of public research funding on individual donations. Our dataset allows us to examine crowding effects on a small time scale and extensive donor characteristics. We estimate…

Recent efforts to increase college access and completion concentrate on reducing tuition rates at community colleges, but researchers and policy makers alike have expressed concern that such reductions may not lead to long-term gains in college completion. In this paper, I use detailed data on students' college enrollment and completion outcomes…

Between 2000 and 2010, U.S. public colleges and universities experienced widespread and uneven changes in funding from state and local appropriations. We find that over this period annual decreases in statewide appropriations led to lower public enrollment and higher for-profit enrollment (with no effect on enrollment overall), as well as…

We use the natural experiment of a state lottery scholarship to measure the effect of generous financial aid on graduation rates at New Mexico's flagship public university. During the study period, the scholarship program paid full tuition for eight semesters for any state resident earning a 2.5 grade point average in their first semester at any…

We explore the effects of a statewide policy change that increased the number of high school math courses required for admission to four-year public universities in North Carolina. Using data on cohorts of eighth-grade students from 1999 to 2006, we exploit variation by district over time in the math course-taking environment encountered by…

Recent policy and research efforts have focused on simplifying the college-going process, improving transparency around college costs, and helping students make informed decisions. In 2012, the Obama administration released the "shopping sheet," a standardized financial aid offer that is intended to provide students with simplified…