Early Cost Realization and College Choice

Published: Jun 21, 2021
Abstract
Student loans defer the cost of college until after graduation, allowing many students access to higher lifetime earnings and colleges and universities they otherwise could not afford. Even with student loans, however, we find students psychologically realize the financial costs of a college education long before their loan repayments begin. We theorize this early cost realization frames financial decisions between most pairs of colleges as an...
Paper Details
Title
Early Cost Realization and College Choice
Published Date
Jun 21, 2021
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