In recent decades, there has been a revival of free tuition policies around the world. The goals of these policies are typically to increase access to and success in higher education. Although research on free tuition policies is growing, it is mainly focused on providing empirical evidence of its effects on student outcomes in the U.S. context.…

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…

Federal free-college policies are now at the center of the Democratic higher education agenda. Sen. Bernie Sanders helped move the idea into the mainstream during the 2016 presidential campaign, and other lawmakers have since worked to advance the policy in Congress. Joe Biden effectively put free college on the ballot in 2020 when he fully…

Much of the recent Chilean educational debate and reform has centered around issues of higher education cost, debt burden, and availability of grants versus loans. This quantitative case study of Pontificia Universidad Católica de Chile sought to understand the longitudinal contributions of combinations of types of financial aid to persistence of…

This article explores the determinants of persistence in the Chilean higher education system, considering academic and socio-demographic factors as well as the role of financial aid. The financial aid policy for students in Chile has undergone major changes over the last decade, which has allowed individuals from usually underrepresented income…