In 2010, Arkansas became the most recent state to establish a state lottery program, which allowed lottery revenue to serve as the primary funding source for the Arkansas Academic Challenge Scholarship. The primary goal of this research study was to begin understanding the type of impact the Arkansas Academic Challenge Scholarship funded by the…

The past three decades have seen charter schools emerge as a prominent and controversial alternative to traditional public schools. This policy brief examines "Thirty Years of Charter Schools: What Does Lottery-Based Research Tell Us?" which summarizes 40 studies that have used lottery research designs to analyze how charter schools…

In light of the recent bans on affirmative action in higher education, this paper provides new evidence on the effects of alternative admissions policies on the persistence and college completion of minority students. I find that the change from affirmative action to the Top 10% Plan in Texas decreased both retention and graduation rates of…

The extent to which personal and academic factors are important in college admission decisions was studied in 1978, based on data on 25,000 applicants to 9 colleges (Colgate University, Williams College, Ohio Wesleyan University, Kenyon College, Kalamazoo College, Occidental College, Hartwick College, University of Richmond, and Bucknell…