Can Student Loans Improve Accessibility to Higher Education and Student Performance? An Impact Study of the Case of SOFES, Mexico
Financial aid to students in tertiary education can contribute to human capital accumulation through two channels: increased enrollment and improved student performance. We analyze the quantitative importance of both channels in the context of a st...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, D.C.
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/10/5278795/can-student-loans-improve-accessibility-higher-education-student-performance-impact-study-case-sofes-mexico http://hdl.handle.net/10986/14212 |
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okr-10986-142122021-04-23T14:03:21Z Can Student Loans Improve Accessibility to Higher Education and Student Performance? An Impact Study of the Case of SOFES, Mexico Canton, Erik Blom, Andreas ACADEMIC PERFORMANCE ACCREDITATION ADVERSE SELECTION AGED APTITUDES CALL COMMERCIAL BANKS CRIME ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMISTS EDUCATION SECTOR EDUCATIONAL INVESTMENTS ELASTICITIES ENROLLMENT ENROLLMENT RATE ENROLLMENT RATES EQUAL OPPORTUNITIES EQUILIBRIUM EXTERNALITIES FAMILIES FAMILY INCOME FINANCIAL RESOURCES INCOME LEVELS INFLATION INNOVATION INSURANCE INTERVENTION INTERVENTIONS LATIN AMERICAN LEISURE LET MARGINAL COST MOTIVATION PAPERS PARENTS PRIMARY SCHOOL PUBLIC INSTITUTIONS PUBLIC SCHOOLS SCHOOLING SCHOOLS SCREENING SECONDARY EDUCATION STUDENT AID STUDENT BEHAVIOR STUDENT ENROLLMENT STUDENT FINANCIAL AID STUDENT LOANS STUDENT PERFORMANCE SUBJECT AREAS TECHNOLOGICAL CHANGE TERTIARY EDUCATION UNEMPLOYMENT UNIVERSITIES WAGES WORKERS Financial aid to students in tertiary education can contribute to human capital accumulation through two channels: increased enrollment and improved student performance. We analyze the quantitative importance of both channels in the context of a student loan program (SOFES) implemented at private universities in Mexico. With regard to the first channel, enrollment, results from the Mexican household survey indicate that financial support has a strong positive effect on university enrollment. Given completion of upper secondary education, the probability of entering higher education rises 24 percent. Two data sources are used to investigate the second channel, student performance. Administrative data provided by SOFES are analyzed using a regression-discontinuity design, and survey data enable us to perform a similar analysis using a different control group. Empirical results suggest that SOFES recipients show better academic performance than students without a credit from SOFES. However, the results cannot be interpreted as a purely causal impact of the student loan program, since the impacts also could reflect (self-) selection of students. 2013-06-26T17:31:53Z 2013-06-26T17:31:53Z 2004-10 http://documents.worldbank.org/curated/en/2004/10/5278795/can-student-loans-improve-accessibility-higher-education-student-performance-impact-study-case-sofes-mexico http://hdl.handle.net/10986/14212 English en_US Policy Research Working Paper;No.3425 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Mexico |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACADEMIC PERFORMANCE ACCREDITATION ADVERSE SELECTION AGED APTITUDES CALL COMMERCIAL BANKS CRIME ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMISTS EDUCATION SECTOR EDUCATIONAL INVESTMENTS ELASTICITIES ENROLLMENT ENROLLMENT RATE ENROLLMENT RATES EQUAL OPPORTUNITIES EQUILIBRIUM EXTERNALITIES FAMILIES FAMILY INCOME FINANCIAL RESOURCES INCOME LEVELS INFLATION INNOVATION INSURANCE INTERVENTION INTERVENTIONS LATIN AMERICAN LEISURE LET MARGINAL COST MOTIVATION PAPERS PARENTS PRIMARY SCHOOL PUBLIC INSTITUTIONS PUBLIC SCHOOLS SCHOOLING SCHOOLS SCREENING SECONDARY EDUCATION STUDENT AID STUDENT BEHAVIOR STUDENT ENROLLMENT STUDENT FINANCIAL AID STUDENT LOANS STUDENT PERFORMANCE SUBJECT AREAS TECHNOLOGICAL CHANGE TERTIARY EDUCATION UNEMPLOYMENT UNIVERSITIES WAGES WORKERS |
| spellingShingle |
ACADEMIC PERFORMANCE ACCREDITATION ADVERSE SELECTION AGED APTITUDES CALL COMMERCIAL BANKS CRIME ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMISTS EDUCATION SECTOR EDUCATIONAL INVESTMENTS ELASTICITIES ENROLLMENT ENROLLMENT RATE ENROLLMENT RATES EQUAL OPPORTUNITIES EQUILIBRIUM EXTERNALITIES FAMILIES FAMILY INCOME FINANCIAL RESOURCES INCOME LEVELS INFLATION INNOVATION INSURANCE INTERVENTION INTERVENTIONS LATIN AMERICAN LEISURE LET MARGINAL COST MOTIVATION PAPERS PARENTS PRIMARY SCHOOL PUBLIC INSTITUTIONS PUBLIC SCHOOLS SCHOOLING SCHOOLS SCREENING SECONDARY EDUCATION STUDENT AID STUDENT BEHAVIOR STUDENT ENROLLMENT STUDENT FINANCIAL AID STUDENT LOANS STUDENT PERFORMANCE SUBJECT AREAS TECHNOLOGICAL CHANGE TERTIARY EDUCATION UNEMPLOYMENT UNIVERSITIES WAGES WORKERS Canton, Erik Blom, Andreas Can Student Loans Improve Accessibility to Higher Education and Student Performance? An Impact Study of the Case of SOFES, Mexico |
| geographic_facet |
Latin America & Caribbean Mexico |
| relation |
Policy Research Working Paper;No.3425 |
| description |
Financial aid to students in tertiary
education can contribute to human capital accumulation
through two channels: increased enrollment and improved
student performance. We analyze the quantitative importance
of both channels in the context of a student loan program
(SOFES) implemented at private universities in Mexico. With
regard to the first channel, enrollment, results from the
Mexican household survey indicate that financial support has
a strong positive effect on university enrollment. Given
completion of upper secondary education, the probability of
entering higher education rises 24 percent. Two data sources
are used to investigate the second channel, student
performance. Administrative data provided by SOFES are
analyzed using a regression-discontinuity design, and survey
data enable us to perform a similar analysis using a
different control group. Empirical results suggest that
SOFES recipients show better academic performance than
students without a credit from SOFES. However, the results
cannot be interpreted as a purely causal impact of the
student loan program, since the impacts also could reflect
(self-) selection of students. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Canton, Erik Blom, Andreas |
| author_facet |
Canton, Erik Blom, Andreas |
| author_sort |
Canton, Erik |
| title |
Can Student Loans Improve Accessibility to Higher Education and Student Performance? An Impact Study of the Case of SOFES, Mexico |
| title_short |
Can Student Loans Improve Accessibility to Higher Education and Student Performance? An Impact Study of the Case of SOFES, Mexico |
| title_full |
Can Student Loans Improve Accessibility to Higher Education and Student Performance? An Impact Study of the Case of SOFES, Mexico |
| title_fullStr |
Can Student Loans Improve Accessibility to Higher Education and Student Performance? An Impact Study of the Case of SOFES, Mexico |
| title_full_unstemmed |
Can Student Loans Improve Accessibility to Higher Education and Student Performance? An Impact Study of the Case of SOFES, Mexico |
| title_sort |
can student loans improve accessibility to higher education and student performance? an impact study of the case of sofes, mexico |
| publisher |
World Bank, Washington, D.C. |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/10/5278795/can-student-loans-improve-accessibility-higher-education-student-performance-impact-study-case-sofes-mexico http://hdl.handle.net/10986/14212 |
| _version_ |
1764430742562013184 |