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Over-optimism About Graduation and College Financial Aid. (2022). Xu, Ming ; Raveendranathan, Gajendran ; Moschini, Emily G.
In: Department of Economics Working Papers.
RePEc:mcm:deptwp:2022-09.

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  45. Table 31: Educational attainment outcomes versus expectations Panel Sample Skill Sample obs Group obs % Persisted BA % Expect BA Over-optimism A Fall 2013 enrollees 1 2,356 155 48 76 29 2 659 71 80 9 3 1,542 83 93 10 B Ever enrolled 1 3,531 404 21 62 41 2 1,080 51 76 25 3 2,047 74 91 16 C Expect MA+ 1 1,356 57 44 100 56 2 310 70 100 30 3 989 83 100 17 D Parent expectations 1 1,021 62 38 76 38 2 277 71 92 21 3 682 81 94 13 Notes: Table 31 compares realized and expected bachelor’s degree attainment. Samples vary across panels. Weights are PETS-SR student records longitudinal weights. Source: HSLS:09.
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  46. Table 32: Grant aid by persistence status Panel A: dollar amounts Persistence status Group obs Total Need Merit Share of $ Did not persist 501 7,790 3,373 4,417 0.20 Persisted 1,855 9,889 4,463 5,427 0.80 Panel B: uptake rates Persistence status Group obs Either Need Merit Both Did not persist 501 0.78 0.18 0.32 0.29 Persisted 1,855 0.75 0.21 0.28 0.27 Notes: Table 32 reports grant aid by persistence status in the HSLS:09. Panel A gives dollar amounts and share of total grant dollars by persistence status; panel B gives the composition of grants received by persistence status, on average. Sample: students who enrolled in a four-year program in the fall of 2013. Weights are PETS-SR student records longitudinal weights. Source: HSLS:09.
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  50. U.S. Department of Education (2020a). High School Longitudinal Study of 2009 (public use data file). Produced and distributed by the Institute of Education Sciences, National Center for Education Statistics (NCES). Found at: https://nces.ed.gov/OnlineCodebook/Session/Codeboo k/bfaee536-d99a-44b6-a5de-80e9cd90af46 (accessed: 10.11.2022).
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  48. ESTIMATION OF DYNAMIC DISCRETE CHOICE MODELS BY MAXIMUM LIKELIHOOD AND THE SIMULATED METHOD OF MOMENTS. (2015). Mosso, Stefano ; Heckman, James J ; Eisenhauer, Philipp.
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