(joint paper with Patricia Beeson [University of Pittsburgh], Jessica LaVoice [Bowdoin College], and Marla Ripoll [University of Pittsburgh])
We study the causal effect of the net price of college on student debt, schooling investment, and parental transfers by exploiting a natural experiment. A large public U.S. university introduced a program to match Pell grants in AY 2019-20. We use a difference-in-difference approach to measure the impact of this policy on the variables of interest and interpret our findings in light of a simple structural model of human capital investment under credit constraints.
DATE: Friday, December 10, 2021
TIME: 3:30-4:45 p.m. (earlier time)
LOCATION: https://pitt.zoom.us/j/3077121737 Passcode: seminar