This dissertation studies the market for higher education and impacts of higher education policy on the market. In the first chapter, I estimate the short-run elasticity of supply of higher education using the rollout of state merit grant programs as plausibly exogenous variation in student demand for in-state higher education. I find that public…

Increasing the representation of skilled workers in STEM fields has been a priority in the United States, with a particular emphasis on supporting underrepresented groups. While urban areas with established higher education institutions have made efforts to engage underrepresented students in STEM, this study sheds light on the challenges faced by…

This article aims to understand how access, equity and redress challenges are addressed at South Africa's public universities based on their current funding frameworks. Relying on a pragmatic research approach combining desk-research literature review and secondary data analysis, government funding and tuition fees were found to be the primary…

College affordability concerns have led to new "solutions" for financing college costs, such as income share agreements (ISAs). Drawing on a racialized understanding of academic capitalism, we explore the intersection of higher education, markets, and the state in how ISAs are marketed by two public universities. We find ISAs are…

Recent changes to the federal student loan program will affect student loan borrowing, repayment, and debt. Payments on student loans, which were suspended during the coronavirus pandemic, restarted in October 2023. A new repayment plan introduced in August 2023 will significantly reduce interest accrual and payments for certain borrowers.…

I use rich administrative data and several quasi-experiments in Texas to study which students benefit most from college grant aid and why. For "extensive-margin" students, grant aid causes enrollment in college, and therefore has potentially large benefits relative to these students' no-college counterfactual. In contrast,…

Little is known about what influences high-achieving, low-income students' persistence in higher education, despite extensive work on their enrolment decision. This paper investigates the role of credit constraints. Using exhaustive administrative data for France, I estimate the impact of automatically granting generous additional aid to enrolled…

California's higher education systems are entering an era of fiscal uncertainty as the population of young people is projected to stagnate or decline in the coming decade. As the state looks to turn the page after the pandemic and establish a more stable funding model, significant challenges lie ahead in the near term. To inform future policies,…

The paper studies the impact of financial aid on long-term educational attainment and labor market outcomes in Colombia. In 2014, the government launched a large-scale and generous student loan program called "Ser Pilo Paga." It offered full tuition coverage to students admitted to one of 33 government-certified high-quality universities…

In August 2022, the U.S Department of Education (ED) announced it would invoke the Higher Education Relief Opportunities for Students Act of 2003 (HEROES Act) to cancel up to $20,000 of federal student loan debts for borrowers who fell below certain income thresholds. The HEROES Act authorizes the Secretary to "waive or modify" statutory…

This article estimates earnings impacts for those who completed long-term college credentials (degrees or college certificates requiring a year or more of study) and those who did not in an experimental evaluation of a federally-funded sectoral job training program. The experimental evaluation found no overall impact of the program on earnings,…

Based on combined data from Baccalaureate & Beyond (B&B:16/17), Integrated Postsecondary Education Data System (IPEDS), and Barron's Profiles of American Colleges, this study utilizes zero-inflated beta regression methods and analyzes individual and institutional factors that predict debt burden by gender. Results show that women are less…

A growing and often unidentified segment of students on campuses who are hidden in plain sight are those who are homeless. In 2019, the national average for homelessness at two- and four-year institutions in the United States was between 14-16% (Baker-Smith et al., 2020). For these students, very small issues can become huge problems, such as the…

Saudi Arabia has been one of the major contributors to the increasing number of international students in the United States. The purpose of the study is to investigate the impact of resources provided to Saudi Arabian students while they are pursuing their postsecondary education using Lizzio's "Five Senses of Success Model" as a…

Earning a college degree has long been critical to unlocking many high-paying jobs -- and, as a result, to economic mobility and security. Increasingly, however, the traditional "norm" of a college student -- one who enrolls straight out of high school, receives some support from their parents, lives on campus, and does not have work or…