Munich Personal RePEc Archive

Impacto de la ayuda financiera en la matrícula técnica y universitaria

Blanco, Christian and Meneses, Francisco (2013): Impacto de la ayuda financiera en la matrícula técnica y universitaria. Published in: Sociedad Hoy , Vol. 1, No. 24 (June 2013): pp. 107-117.

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Abstract

We aimed to evaluate the impact of governmental financial aid in vocational and college enrollment, solving the endogenous process in the application to benefits. Using a two-step instrumental varia- bles procedure, we found that college financial aid increases college enrollment by 30%. Being se- lected to college financial aid reduces the probability of vocational enrollment, although only voca- tional financial aid does increases this probability, which may be understood as a substitution effect.

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