dc.creator | Lopez, Fernando | |
dc.date | 2015-03-06T04:28:35Z | |
dc.date | 2015-03-06T04:28:35Z | |
dc.date | 2014 | |
dc.date.accessioned | 2018-04-19T21:15:44Z | |
dc.date.available | 2018-04-19T21:15:44Z | |
dc.identifier | Documentos de Investigación 300: 2014, p. 1-37 | |
dc.identifier | http://repositorio.uahurtado.cl/handle/11242/6636 | |
dc.identifier.uri | http://repositorioslatinoamericanos.uchile.cl/handle/2250/1373678 | |
dc.description | Using a rich data set from a large U.S. non-profit organization, I find that low
income post-secondary students are poorly informed about three main financial
aspects of their higher education: future income, financing costs and opportunity
cost of being enrolled. This result holds for students who are academically talented,
have been exposed to financial education (including a semester-long personal
finance class) and relevant financial experiences. Furthermore, the first round of
results of a randomized controlled trial (N=117) suggests that an hour-long
financial education workshop on the main financial aspects of college increases
students’ GPA by 0.2 points (p-value=0.15) and their ability to receive financial aid
from the non-profit organization by 11.4 percentage points (p-value=0.25). | |
dc.language | en_US | |
dc.publisher | Universidad Alberto Hurtado. Facultad de Economía y Negocios | |
dc.subject | financial literacy | |
dc.subject | financial education | |
dc.subject | financial aid | |
dc.subject | human capital | |
dc.subject | randomized controlled trial | |
dc.title | Financial Literacy and Investments in Higher Education | |
dc.type | Artículos de revistas | |