Replication data for: Student Loan Information Provision and Academic Choices
Principal Investigator(s): View help for Principal Investigator(s) Maximilian Schmeiser; Christiana Stoddard; Carly Urban
Version: View help for Version V1
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Project Citation:
Schmeiser, Maximilian, Stoddard, Christiana, and Urban, Carly. Replication data for: Student Loan Information Provision and Academic Choices. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113486V1
Project Description
Summary:
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We examine the effect of a student loan information intervention on changes in college major using administrative data from the Montana University System from 2002-2014. Our difference-in-difference-in-differences strategy exploits the relative trends for students at Montana State University above and below the cutoff for receiving a warning letter about their student debt, compared to their counterparts at the University of Montana. We find that students who receive information suggesting they may be unlikely to be able to repay their loans are more likely to switch to higher earning majors, with higher academic performers most likely to choose STEM fields.
Scope of Project
JEL Classification:
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H75 State and Local Government: Health; Education; Welfare; Public Pensions
I22 Educational Finance; Financial Aid
I23 Higher Education; Research Institutions
H75 State and Local Government: Health; Education; Welfare; Public Pensions
I22 Educational Finance; Financial Aid
I23 Higher Education; Research Institutions
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