This dissertation investigates the impact of information and policy on the efficiency of higher education financing, particularly for low-income students in Latin America. Through three empirical studies, it addresses the barriers posed by information asymmetries and institutional discretion in student loan and college admission processes and…

Talented students from underserved backgrounds face many barriers to attaining higher education. Two of the most significant impediments are the low quality of primary and secondary schools they attend and the lack of access to top-tier universities providing sufficient financial aid and targeted support. Lower levels of educational attainment are…