Affording college with the help of asset building: First experimental impacts from Italy

Davide Azzolini; Alberto Martini; Barbara Romano; Loris Vergolini

doi:10.1016/j.econlet.2018.05.006

Affording college with the help of asset building: First experimental impacts from Italy

Davide Azzolini, Alberto Martini, Barbara Romano, Loris Vergolini

Dipartimento di Giurisprudenza e Scienze Politiche, Economiche e Sociali

Risultato della ricerca: Contributo su rivista › Articolo in rivista › peer review

Abstract

This paper presents the early impact estimates from a randomized controlled trial aimed at testing the efficacy of an asset-building programme on higher education participation of children coming from low-income families. The experimental evidence points to positive and statistically significant impacts of the programme on university enrolment (+8.7 percentage points) and the likelihood of passing at least one exam in the first semester (+9.3 pp). The impact of the programme is substantially larger for students from vocational schools (+21 and +33 pp, respectively). The results suggests that incentivized savings represent a viable option to improve the effectiveness of financial aid.

Lingua originale	Inglese
pagine (da-a)	27-30
Numero di pagine	4
Rivista	Economics Letters
Volume	169
DOI	https://doi.org/10.1016/j.econlet.2018.05.006
Stato di pubblicazione	Pubblicato - ago 2018

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10.1016/j.econlet.2018.05.006

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title = "Affording college with the help of asset building: First experimental impacts from Italy",

abstract = "This paper presents the early impact estimates from a randomized controlled trial aimed at testing the efficacy of an asset-building programme on higher education participation of children coming from low-income families. The experimental evidence points to positive and statistically significant impacts of the programme on university enrolment (+8.7 percentage points) and the likelihood of passing at least one exam in the first semester (+9.3 pp). The impact of the programme is substantially larger for students from vocational schools (+21 and +33 pp, respectively). The results suggests that incentivized savings represent a viable option to improve the effectiveness of financial aid.",

keywords = "Asset building, Financial aid, Higher education, Randomized controlled trial, Social inequality",

author = "Davide Azzolini and Alberto Martini and Barbara Romano and Loris Vergolini",

note = "Publisher Copyright: {\textcopyright} 2018 Elsevier B.V.",

year = "2018",

month = aug,

doi = "10.1016/j.econlet.2018.05.006",

language = "English",

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journal = "Economics Letters",

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T2 - First experimental impacts from Italy

AU - Azzolini, Davide

AU - Martini, Alberto

AU - Romano, Barbara

AU - Vergolini, Loris

PY - 2018/8

Y1 - 2018/8

N2 - This paper presents the early impact estimates from a randomized controlled trial aimed at testing the efficacy of an asset-building programme on higher education participation of children coming from low-income families. The experimental evidence points to positive and statistically significant impacts of the programme on university enrolment (+8.7 percentage points) and the likelihood of passing at least one exam in the first semester (+9.3 pp). The impact of the programme is substantially larger for students from vocational schools (+21 and +33 pp, respectively). The results suggests that incentivized savings represent a viable option to improve the effectiveness of financial aid.

AB - This paper presents the early impact estimates from a randomized controlled trial aimed at testing the efficacy of an asset-building programme on higher education participation of children coming from low-income families. The experimental evidence points to positive and statistically significant impacts of the programme on university enrolment (+8.7 percentage points) and the likelihood of passing at least one exam in the first semester (+9.3 pp). The impact of the programme is substantially larger for students from vocational schools (+21 and +33 pp, respectively). The results suggests that incentivized savings represent a viable option to improve the effectiveness of financial aid.

KW - Asset building

KW - Financial aid

KW - Higher education

KW - Randomized controlled trial

KW - Social inequality

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DO - 10.1016/j.econlet.2018.05.006

M3 - Article

SN - 0165-1765

VL - 169

SP - 27

EP - 30

JO - Economics Letters

JF - Economics Letters

ER -

Affording college with the help of asset building: First experimental impacts from Italy

Abstract

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