The Long-Term Effects of Career Guidance in High School and Student Financial Aid: Evidence from a Randomized Experiment

• 成果类型: Article
• 署名作者: Renee, Laetitia
• 署名单位: Universite de Montreal
• 刊物名称: AMERICAN ECONOMIC JOURNAL-APPLIED ECONOMICS
• ISSN/ISSBN: 1945-7782
• DOI: 10.1257/app.20230342
• 发表日期: 2025
• 页码: 165-183
• 关键词: borrowing constraints; college; returns; INFORMATION; enrollment; barriers; income; grants

摘要

This paper studies the effects of a randomized control trial in which Canadian high school students were randomly invited to participate in a career guidance program during high school and/or made eligible for extra financial aid conditional on college enrollment. I use administrative records to examine the effects of the interventions on college enrollment, graduation, and income up to age 29. The guidance intervention increased students' four-year college enrollment and graduation rates and had positive effects on individuals' income in adulthood. The financial aid intervention had a significantly lower impact on individuals' income in adulthood despite also increasing college enrollment. (JEL D12, I21, I22, I23, I28, J31)