Meneses, Francisco and Blanco, Christian (2010): Financial Aid and Higher Education Enrollment in Chile: A Government Policy Analysis.
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This paper evaluates the impact of the Chilean government's nancial aid on college and vocational education enrollment. We found that there is an endogenous process in the application for nancial aid. To solve this problem we use a two-step procedure with instrumental variables (IV) and found that nancial aid increases the probability of students going to college by over 30%. In the case of vocational education, we found that being pre-selected for college nancial aid decreases the enrollment. However, vocational nancial aid increases that probability of enrollment. Therefore, students choose college education over vocational education when they have nancial aid for both. Theoretical conclusion and public policy recommendations are provided.
|Item Type:||MPRA Paper|
|Original Title:||Financial Aid and Higher Education Enrollment in Chile: A Government Policy Analysis|
|English Title:||Financial Aid and Higher Education Enrollment in Chile: A Government Policy Analysis|
|Keywords:||Financial aid; college enrollment; Chile; education; public policy.|
|Subjects:||I - Health, Education, and Welfare > I2 - Education and Research Insititutions > I21 - Analysis of Education
I - Health, Education, and Welfare > I2 - Education and Research Insititutions > I28 - Government Policy
I - Health, Education, and Welfare > I2 - Education and Research Insititutions > I22 - Educational Finance
|Depositing User:||Francisco Meneses|
|Date Deposited:||16. Jun 2010 00:12|
|Last Modified:||20. Feb 2013 13:03|
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