The role of information in the take-up of student loans
| Authors | |
|---|---|
| Publication date | 2012 |
| Journal | Economics of Education Review |
| Volume | Issue number | 31 | 1 |
| Pages (from-to) | 33-44 |
| Organisations |
|
| Abstract | We study student loan behavior in the Netherlands where (i) higher education students know little about the conditions of the government's financial aid program and (ii) take-up rates are low. In a field experiment we manipulated the amount of information students have about these conditions. The treatment has no impact on loan take-up, which is not due to students already having decided to take a loan or students not absorbing the information. We conclude that a lack of knowledge about specific policy parameters does not necessarily imply a binding information constraint. |
| Document type | Article |
| Language | English |
| Published at |
https://doi.org/10.1016/j.econedurev.2011.08.009
(Final published version)
|
| Permalink to this page | |