This table reports first-stage estimates of the effect of tuition on federal student loans disbursed at the individual level

2022-03-25T20:27:46+00:00

This table reports first-stage estimates of the effect of tuition on federal student loans disbursed at the individual level The treatment group consists of traditional students-those who entered college immediately or very soon after high school and attended a public 4-year university. Care should be taken when extrapolating our results to the general population, which includes many individuals who enrolled in a private or public 2-year university or who first attended college later in life. If such individuals respond to debt much differently than traditional students, we do not capture this heterogeneity of treatment effect in our estimates. The sample is [...]