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Student Awareness of Costs and Benefits of Educational Decisions: Effects of an Information Campaign and Media Exposure

Author

Listed:
  • Martin McGuigan
  • Sandra McNally
  • Gill Wyness

Abstract

University fees have recently trebled in England, prompting fears that young people may be put off from participating in higher education. We investigate students’ knowledge and their receptiveness to information campaigns about the costs and benefits of staying on in education. We compare the effects of a specially designed information campaign to the effects of media exposure about the increase in tuition fees. The latter has a stronger effect on relevant outcomes. However, we find that an inexpensive information campaign can be effective in improving information and reducing perceived financial barriers to university participation, especially for students from disadvantaged backgrounds.

Suggested Citation

  • Martin McGuigan & Sandra McNally & Gill Wyness, 2014. "Student Awareness of Costs and Benefits of Educational Decisions: Effects of an Information Campaign and Media Exposure," CESifo Working Paper Series 5057, CESifo.
  • Handle: RePEc:ces:ceswps:_5057
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    Cited by:

    1. Pugatch, Todd & Wilson, Nicholas, 2018. "Nudging study habits: A field experiment on peer tutoring in higher education," Economics of Education Review, Elsevier, vol. 62(C), pages 151-161.
    2. Saniter, Nils & Schnitzlein, Daniel D. & Siedler, Thomas, 2019. "Occupational knowledge and educational mobility: Evidence from the introduction of job information centers," Economics of Education Review, Elsevier, vol. 69(C), pages 108-124.
    3. Tamás Keller & Károly Takács & Felix Elwert, 2021. "Yes, You Can! Effects of Transparent Admission Standards on High School Track Choice: A Randomized Field Experiment," CERS-IE WORKING PAPERS 2125, Institute of Economics, Centre for Economic and Regional Studies.
    4. Kerr, Sari Pekkala & Pekkarinen, Tuomas & Sarvimäki, Matti & Uusitalo, Roope, 2020. "Post-secondary education and information on labor market prospects: A randomized field experiment," Labour Economics, Elsevier, vol. 66(C).
    5. Tamás Keller, 2018. "Dare to Dream: A Vignette Survey on Self-Selection in Secondary Education Track Choice," Sociological Research Online, , vol. 23(2), pages 354-373, June.
    6. Damgaard, Mette Trier & Nielsen, Helena Skyt, 2018. "Nudging in education," Economics of Education Review, Elsevier, vol. 64(C), pages 313-342.
    7. Peter, Frauke H. & Zambre, Vaishali, 2017. "Intended college enrollment and educational inequality: Do students lack information?," Economics of Education Review, Elsevier, vol. 60(C), pages 125-141.
    8. Sandra McNally, 2016. "How important is career information and advice?," IZA World of Labor, Institute of Labor Economics (IZA), pages 317-317, December.

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    More about this item

    Keywords

    tuition fees; information campaign; educational decisions;
    All these keywords.

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General

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