IDEAS home Printed from https://ideas.repec.org/p/fip/fedlwp/98881.html
   My bibliography  Save this paper

College Access and Intergenerational Mobility

Author

Listed:
  • Lutz Hendricks
  • Tatyana Koreshkova
  • Oksana Leukhina

Abstract

This paper studies how college admissions preferences for lower-income students affect intergenerational earnings mobility. We develop a quantitative model of college choice with quality-differentiated colleges. We find that admissions preferences substantially increase lower-income enrollment in selective colleges and intergenerational earnings mobility. The associated losses of aggregate earnings are very small.

Suggested Citation

  • Lutz Hendricks & Tatyana Koreshkova & Oksana Leukhina, 2024. "College Access and Intergenerational Mobility," Working Papers 2024-030, Federal Reserve Bank of St. Louis, revised 11 Apr 2025.
    • Handle: RePEc:fip:fedlwp:98881
    DOI: 10.20955/wp.2024.030
    as

    Download full text from publisher

    File URL: https://s3.amazonaws.com/real.stlouisfed.org/wp/2024/2024-030.pdf
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.20955/wp.2024.030?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sandra E. Black & Jeffrey T. Denning & Jesse Rothstein, 2023. "Winners and Losers? The Effect of Gaining and Losing Access to Selective Colleges on Education and Labor Market Outcomes," American Economic Journal: Applied Economics, American Economic Association, vol. 15(1), pages 26-67, January.
    2. Castleman, Benjamin L. & Page, Lindsay C., 2015. "Summer nudging: Can personalized text messages and peer mentor outreach increase college going among low-income high school graduates?," Journal of Economic Behavior & Organization, Elsevier, vol. 115(C), pages 144-160.
    3. Bound, John & Turner, Sarah, 2011. "Dropouts and Diplomas," Handbook of the Economics of Education, in: Erik Hanushek & Stephen Machin & Ludger Woessmann (ed.), Handbook of the Economics of Education, edition 1, volume 4, chapter 0, pages 573-613, Elsevier.
    4. Dennis Epple & Richard Romano & Holger Sieg, 2006. "Admission, Tuition, and Financial Aid Policies in the Market for Higher Education," Econometrica, Econometric Society, vol. 74(4), pages 885-928, July.
    5. Peter Arcidiacono & Michael Lovenheim & Maria Zhu, 2015. "Affirmative Action in Undergraduate Education," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 487-518, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Emily G. Moschini & Gajendran Raveendranathan, 2024. "College Financial Aid Application Frictions," Department of Economics Working Papers 2024-10, McMaster University.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ellis, Jimmy R. & Gershenson, Seth, 2016. "LATE for the Meeting: Gender, Peer Advising, and College Success," IZA Discussion Papers 9956, Institute of Labor Economics (IZA).
    2. Ellis, Jimmy R. & Gershenson, Seth, 2020. "Gender, peer advising, and college success," Labour Economics, Elsevier, vol. 62(C).
    3. Taylor K. Odle & Jennifer A. Delaney, 2022. "You are Admitted! Early Evidence on Enrollment from Idaho’s Direct Admissions System," Research in Higher Education, Springer;Association for Institutional Research, vol. 63(6), pages 899-932, September.
    4. Gandil, Mikkel Høst & Leuven, Edwin, 2022. "College Admission as a Screening and Sorting Device," IZA Discussion Papers 15557, Institute of Labor Economics (IZA).
    5. Arpita Patnaik & Matthew J. Wiswall & Basit Zafar, 2020. "College Majors," NBER Working Papers 27645, National Bureau of Economic Research, Inc.
    6. Élisabeth Tovar & Matthieu Bunel, 2021. "Attitudes on past-in-present educational discrimination. Insights from a representative factorial survey," EconomiX Working Papers 2021-28, University of Paris Nanterre, EconomiX.
    7. Fernanda Estevan & Thomas Gall & Louis-Philippe Morin, 2019. "Can Affirmative Action Affect Major Choice?," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-324, Boston University - Department of Economics.
    8. Pedro Luis Silva, 2024. "Specialists or All-Rounders: How Best to Select University Students?," Journal of Human Capital, University of Chicago Press, vol. 18(2), pages 227-271.
    9. Cecilia Machado & Germ'an Reyes & Evan Riehl, 2023. "The Direct and Spillover Effects of Large-scale Affirmative Action at an Elite Brazilian University," Papers 2305.02513, arXiv.org, revised Jun 2023.
    10. Cecilia Machado & Germán Reyes & Evan Riehl, 2023. "The Efficacy of Large-Scale Affirmative Action at Elite Universities," CEDLAS, Working Papers 0311, CEDLAS, Universidad Nacional de La Plata.
    11. 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.
    12. Carvalho, José-Raimundo & Magnac, Thierry & Xiong, Qizhou, 2016. "College Choice and the Selection of Mechanisms: A Structural Empirical Analysis," IWH Discussion Papers 3/2016, Halle Institute for Economic Research (IWH).
    13. Damgaard, Mette Trier & Nielsen, Helena Skyt, 2018. "Nudging in education," Economics of Education Review, Elsevier, vol. 64(C), pages 313-342.
    14. Kessel, Dany & Mollerstrom, Johanna & van Veldhuizen, Roel, 2021. "Can simple advice eliminate the gender gap in willingness to compete?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 138, pages 1-1.
    15. Scott Carrell & Bruce Sacerdote, 2017. "Why Do College-Going Interventions Work?," American Economic Journal: Applied Economics, American Economic Association, vol. 9(3), pages 124-151, July.
    16. Meier, Volker & Schiopu, Ioana, 2020. "Enrollment expansion and quality differentiation across higher education systems," Economic Modelling, Elsevier, vol. 90(C), pages 43-53.
    17. Shao, Ling, 2014. "Estimating the relationship between calculated financial need and actual aid received using quarter of birth instruments," Economics of Education Review, Elsevier, vol. 42(C), pages 165-174.
    18. Christopher J. O'Leary & Dallas Oberlee & Gabrielle Pepin, 2020. "Nudges to Increase Completion of Welfare Applications: Experimental Evidence from Michigan," Upjohn Working Papers 20-336, W.E. Upjohn Institute for Employment Research.
    19. Souvik Roy & Soumyarup Sadhukhan, 2019. "A characterization of random min–max domains and its applications," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(4), pages 887-906, November.
    20. Nicolai V. Kuminoff & Jaren C. Pope, 2014. "Do “Capitalization Effects” For Public Goods Reveal The Public'S Willingness To Pay?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 55(4), pages 1227-1250, November.

    More about this item

    Keywords

    college quality; human capital; college access; intergenerational mobility; income-based admissions;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedlwp:98881. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Scott St. Louis (email available below). General contact details of provider: https://edirc.repec.org/data/frbslus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.