Student Awareness of Costs and Benefits of Educational Decisions: Effects of an Information Campaign
University fees have recently trebled in England and there are fears that many young people may be put off from participating in further and higher education - especially those from low income backgrounds. This could exacerbate inequalities that are already very stark in the UK. In this paper, we investigate students' knowledge and their receptiveness to information campaigns about the costs and benefits of staying on in education. We design an 'information campaign' that gives some simple facts about economic and financial aspects of educational decisions and test students' response to this campaign. The fieldwork for our information campaign took place over the period in which the trebling of university fees was announced. This was widely reported in the media, so we also test receptiveness to the surrounding media campaign. The analysis shows evidence of large gaps in students' knowledge, which are influenced both by the information campaign and media reporting about the increase of tuition fees. However, the latter greatly increased the perception of going to university as 'too expensive' - especially among low income groups. Our experiment shows that simple information campaigns can help to mitigate this negative impact on attitudes.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jeff Dominitz & Charles F. Manski, 1996.
"Eliciting Student Expectations of the Returns to Schooling,"
Journal of Human Resources,
University of Wisconsin Press, vol. 31(1), pages 1-26.
- J. Dominitz & C. F. Manski, "undated". "Eliciting student expectations of the returns to schooling," Institute for Research on Poverty Discussion Papers 1049-94, University of Wisconsin Institute for Research on Poverty.
- Jeff Dominitz & Charles F. Manski, 1994. "Eliciting Student Expectations of the Returns to Schooling," NBER Working Papers 4936, National Bureau of Economic Research, Inc.
- Jeff Dominitz & Charles F. Manski, 1994. "Eliciting Student Expectations Of The Returns To Schooling," Econometrics 9411002, EconWPA.
- Jo Blanden & Paul Gregg & Stephen Machin, 2003. "Changes in Educational Inequality," The Centre for Market and Public Organisation 03/079, Department of Economics, University of Bristol, UK.
- Booij, Adam S. & Leuven, Edwin & Oosterbeek, Hessel, 2012.
"The role of information in the take-up of student loans,"
Economics of Education Review,
Elsevier, vol. 31(1), pages 33-44.
- Adam Booij & Edwin Leuven & Hessel Oosterbeek, 2008. "The Role of Information in the Take-up of Student Loans," Tinbergen Institute Discussion Papers 08-039/3, Tinbergen Institute.
- Booij, A.S. & Leuven, E. & Oosterbeek, H., 2010. "The role of information in the take-up of student loans," Working Papers 32, Top Institute for Evidence Based Education Research.
- Julian R. Betts, 1996. "What Do Students Know about Wages? Evidence from a Survey of Undergraduates," Journal of Human Resources, University of Wisconsin Press, vol. 31(1), pages 27-56.
- Robert Jensen, 2010. "The (Perceived) Returns to Education and the Demand for Schooling," The Quarterly Journal of Economics, Oxford University Press, vol. 125(2), pages 515-548.
- Esther Duflo & Emmanuel Saez, 2003. "The Role of Information and Social Interactions in Retirement Plan Decisions: Evidence from a Randomized Experiment," The Quarterly Journal of Economics, Oxford University Press, vol. 118(3), pages 815-842.
- Joshua Angrist & Victor Lavy, 2009. "The Effects of High Stakes High School Achievement Awards: Evidence from a Randomized Trial," American Economic Review, American Economic Association, vol. 99(4), pages 1384-1414, September.
When requesting a correction, please mention this item's handle: RePEc:cep:ceedps:0139. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.