Credit for Low-Income Students and Access to and Academic Performance in Higher Education in Colombia: A Regression Discontinuity Approach
47 Pages Posted: 22 May 2015
Date Written: April 7, 2015
This study evaluates the impact of a national level subsidized loan program, ACCES, on a number of higher education outcomes (i.e., increase in enrollment rates, decrease in dropout rates, and increase in academic performance) of low-income students in Colombia. We use national level data along with a regression discontinuity design to estimate the impact of the program. The results confirm that the program was effective in terms of increasing the potential number of low-income students at the margin who would have enrolled in college, decreasing the number of students who dropped out, and increasing their academic outcomes.
Keywords: Higher Education, Credit, Access, Academic Performance, ACCES
JEL Classification: I22, I23
Suggested Citation: Suggested Citation