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Learning from the Test: Raising Selective College Enrollment by Providing Information

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  • Sarena Goodman

    (Board of Governors of the Federal Reserve System)

Abstract

Between 2000 and 2010, five U.S. states adopted mandates requiring high school juniors to take a college entrance exam. In the two earliest-adopting states, nearly half of all students were induced into testing, and 40% to 45% of them earned scores high enough to qualify for selective colleges. Selective enrollment rose by 20% following implementation of the mandates, reflecting substitution away from noncompetitive schools. I conclude that a large number of high-ability students appear to dramatically underestimate their candidacy for selective colleges. Policies aimed at reducing this information shortage are likely to increase human capital investment for a substantial number of students.

Suggested Citation

  • Sarena Goodman, 2016. "Learning from the Test: Raising Selective College Enrollment by Providing Information," The Review of Economics and Statistics, MIT Press, vol. 98(4), pages 671-684, October.
  • Handle: RePEc:tpr:restat:v:98:y:2016:i:4:p:671-684
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    More about this item

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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