dc.creatorLopez, Fernando
dc.date2015-03-06T04:28:35Z
dc.date2015-03-06T04:28:35Z
dc.date2014
dc.date.accessioned2018-04-19T21:15:44Z
dc.date.available2018-04-19T21:15:44Z
dc.identifierDocumentos de Investigación 300: 2014, p. 1-37
dc.identifierhttp://repositorio.uahurtado.cl/handle/11242/6636
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/1373678
dc.descriptionUsing 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.languageen_US
dc.publisherUniversidad Alberto Hurtado. Facultad de Economía y Negocios
dc.subjectfinancial literacy
dc.subjectfinancial education
dc.subjectfinancial aid
dc.subjecthuman capital
dc.subjectrandomized controlled trial
dc.titleFinancial Literacy and Investments in Higher Education
dc.typeArtículos de revistas


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