Browsing by Author "Turner, Lesley J."

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    The Effect of Price Shocks on Undocumented Students’ College Attainment and Completion
    Conger, Dylan; Turner, Lesley J. (University of Maryland, 2015-11-01)
    This article examines the effect of a price shock caused by the temporary removal of in-state tuition benefits on the attainment of undocumented immigrants enrolled in a large urban college system using a difference in-differences identification strategy. The 113 percent one-semester tuition increase led to an 8 percent decrease in reenrollment and a similarly sized reduction in credit accumulation. Furthermore, students who entered college the semester prior to the price shock experienced lasting reductions in attainment, including a 22 percent decrease in degree receipt. Conversely, among students who were enrolled for at least a year, the price shock only affected the timing of college exit. The results suggest that public subsidies that lower college prices can increase degree completion among resource-constrained students who have made the decision to enroll in college, with larger benefits accruing to those who are early in their college careers.
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    Taking It to the Limit: Effects of Increased Student Loan Availability on Attainment, Earnings, and Financial Well-Being
    Black, Sandra E.; Denning, Jeffrey T.; Dettling, Lisa J.; Goodman, Sarena; Turner, Lesley J. (Annenberg Institute at Brown University, 2020-08-01)
    Growing reliance on student loans and repayment difficulties have raised concerns of a student debt crisis in the United States. However, little is known about the effects of student borrowing on human capital and long-run financial well-being. The authors use variation induced by recent expansions in federal loan limits, together with administrative schooling, earnings, and credit records, to identify the effects of increased student borrowing on credit-constrained students’ educational attainment, earnings, debt, and loan repayment. Increased student loan availability raises student debt and improves degree completion, later-life earnings, and student loan repayment while having no effect on homeownership or other types of debt.