Social and Behavioral Sciences Commons^™

Essays On Student Loans And Returns To Skill, Qian Liu

Electronic Thesis and Dissertation Repository

This thesis consists of three studies, which explore topics related to labor economics. Chapters 2 and 3 examine the returns on student loans and student loan repayment policy, respectively. Chapter 4 examines the returns to skill and the evolution of skills at older ages.

In Chapter 2 (co-authored with Lance Lochner), we study rates of return on government student loans in Canada using novel administrative data from the Canada Student Loans Program. We exploit rich information on personal characteristics, loan amounts, field of study, and institution of attendance to explain differences in rates of return across different types of borrowers. …

The Promise Landscape In Michigan, Michelle Miller-Adams

Presentations

No abstract provided.

How Communities Can Connect Economic And Skills Development, Timothy J. Bartik, Brad J. Hershbein, Michelle Miller-Adams

Presentations

No abstract provided.

Biased Beliefs And Entry Into Scientific Careers, Ina Ganguli, Patrick Gaulé, Danijela Vuletić Čugalj

Upjohn Institute Working Papers

We investigate whether excessively optimistic beliefs play a role in the persistent demand for doctoral and postdoctoral training in science. We elicit the beliefs and career preferences of doctoral students through a novel survey and randomize the provision of structured information on the true state of the academic market and information through role models on nonacademic careers. One year later, both treatments lead students to update their beliefs about the academic market and impact career preferences. However, we do not find an effect on actual career outcomes two years postintervention.

Year Three Report: Evaluating The Kansas City Scholars College Scholarship Program, Kevin M. Hollenbeck, Bridget F. Timmeney, Brad J. Hershbein, Shane M. Reed

Reports

No abstract provided.

College Attainment, Income Inequality, And Economic Security: A Simulation Exercise, Brad J. Hershbein, Melissa S. Kearney, Luke W. Pardue

Upjohn Institute Working Papers

We conduct an empirical simulation exercise that gauges the plausible impact of increased rates of college attainment on a variety of measures of income inequality and economic insecurity. Using two different methodological approaches—a distributional approach and a causal parameter approach—we find that increased rates of bachelor’s and associate degree attainment would meaningfully increase economic security for lower-income individuals, reduce poverty and near-poverty, and shrink gaps between the 90th and lower percentiles of the earnings distribution. However, increases in college attainment would not significantly reduce inequality at the very top of the distribution.

College Attainment, Income Inequality, And Economic Security: A Simulation Exercise, Brad J. Hershbein, Melissa S. Kearney, Luke W. Pardue

Upjohn Institute Policy and Research Briefs

No abstract provided.