by Caroline Hoxby, Sarah Turner
Previous work (Hoxby and Avery 2014) shows that low-income higher achievers
tend not to apply to selective colleges despite being extremely likely to be admitted
with financial aid so generous that they would pay less than they do to attend
the non-selective schools they usually attend.
The Expanding College
Opportunities project is a randomized controlled trial that provides such
students with individualized information about the college application process
and colleges' net prices. In other work (Hoxby and Turner 2013), the authors showed that
the informational intervention substantially raises students' probability of
applying to, being admitted at, enrolling at, and progressing at selective
colleges.
This study reports that the intervention actually changes
students' informedness on key topics such as the cost of college, the
availability of the curricula and peers they seek, and the different types of
colleges available to them and highlight topics on which the control
students, who experienced no intervention, are seriously misinformed.
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