In 2016 Chile initiated a policy of free tuition for students from families in the lower half of the income distribution to improve access to and completion of higher education. The empirical effectiveness of the policy has not yet been completely demonstrated. This study analysed the difference in levels of academic performance of students…

This report is the testimony and views of Preston Cooper, a senior fellow focusing on the economics of higher education at the American Enterprise Institute (AEI), to the US House Committee on the Judiciary, Subcommittee on the Administrative State, Regulatory Reform, and Antitrust about the pricing and spending practices of Ivy League…

We evaluate whether the Bennett Hypothesis applies to local-level, single-institution promise programs and account for whether colleges have the authority to raise tuition, versus an external entity holding such authority. Using a sample of 29 community colleges affected by promise programs, we analyze changes in tuition across years 2001-02 to…

Low-income high-achieving students are less likely than high-income peers to enroll in selective colleges. Financial certainty interventions can address administrative burdens that stifle their enrollment, even when colleges are tuition-free for them. However, we do not know whether these interventions are effective when students enjoy admissions…

Tuition-free college programs are gaining momentum as policymakers address rising college costs and workforce readiness. Despite their growing adoption, limited research examines how workforce-focused eligibility criteria impact student outcomes beyond enrollment. This pre-registered study employs two within-study quasi-experimental…

Given the proliferation of college promise programs and the increasing popularity of last-dollar designs, we explore changes to states' financial aid resource environments following the adoption of two of the largest and longest-operating state programs: Tennessee Promise and Oregon Promise. We leverage descriptive tools and a causal-inference…

Understanding how students with low socioeconomic status finance their tuition over time can help us comprehend the impact of students' decisions on their subsequent curricular progress, graduation, or dropout. This work presents a curricular analytics approach using process mining techniques to study educational funding trajectories as processes.…

Paying for college is often a family affair, with both parents and students contributing. We study the effects of college on family finances using administrative data on the universe of federal aid applicants in California linked to credit records. We provide the first comprehensive analysis of how both students and their parents use debt with…