This paper presents the early impact estimates from a randomized controlled trial aimed at testing the efficacy of an asset-building programme on higher education participation of children coming from low-income families. The experimental evidence points to positive and statistically significant impacts of the programme on university enrolment (+8.7 percentage points) and the likelihood of passing at least one exam in the first semester (+9.3 pp). The impact of the programme is substantially larger for students from vocational schools (+21 and +33 pp, respectively). The results suggests that incentivized savings represent a viable option to improve the effectiveness of financial aid.
Affording college with the help of asset building: First experimental impacts from Italy
Martini A.
Primo
Writing – Original Draft Preparation
;
2018-01-01
Abstract
This paper presents the early impact estimates from a randomized controlled trial aimed at testing the efficacy of an asset-building programme on higher education participation of children coming from low-income families. The experimental evidence points to positive and statistically significant impacts of the programme on university enrolment (+8.7 percentage points) and the likelihood of passing at least one exam in the first semester (+9.3 pp). The impact of the programme is substantially larger for students from vocational schools (+21 and +33 pp, respectively). The results suggests that incentivized savings represent a viable option to improve the effectiveness of financial aid.File | Dimensione | Formato | |
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AffordingCollege_EconLetter_.pdf
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